For people who don't understand the financial crisis, this must be seen in the clouds. What is TARP? Why is the government involved? Why is nationalization a last resort? First of all, this movie may not be able to clearly describe the reasons for the entire financial crisis, but as far as the collapse of Lehman is concerned, the hearts of Dick, Hank and other characters portrayed are realistic enough, as if they can really feel the strong atmosphere of Wall Street. Secondly, is it really too big to fail? The foundation of this theory is that today, with the continuous innovation and complexity of the financial system, financial products are emerging one after another, and there are many areas that we can still fully understand. It is said that once investors lose confidence in one of them, they will reach the height of implicated in several companies. In addition, the intertwining of businesses has created the possibility that one family will collapse and every family will collapse. So when the financial crisis happened, the government had to pay for these bold financial institutions.
In short, we always learn to correct from our past mistakes and then make progress. The shadow of the 2008 financial crisis in the United States is gradually receding. From the continuous innovation of the S&P500 index, it can be seen that it is slowly recovering, but the lessons of this financial crisis should still be kept in mind.
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