Looper, The Movie and My Questions

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I watched Looper last weekend. I saw a Facebook status about it, and then I read the synopsis of the movie. It sounded interesting so I watched it. I really like the idea of time travel, and the closing of the loop, etc. Although I don't really fully understand the works of a looper, is it just to kill the people in the future and eventually let their future selves be killed to close the loop? And why do they have to close the loop? Is there really a chance that the present self meets the future? I am a confused audience. Anyway, I like how the future Joe struggled to change the past so his wife won't be killed in the future. And how the mother who once abandoned her child for her youth, now was willing to die to save his son. Then there was the present Joe who all we know wanted to learn French and go to France. There's so much going on the story which resulted to so much mystery in my mind. The idea of the story was good, but I think it could have been done much better. But if the aim of the movie is to leave the audience wondering, then I guess they were successful with that.