Confident yet vulnerable

Rhett 2022-10-28 03:01:26

The film is a recreation of the 2008 financial crisis. The intense plot made me, a financial layman, feel the shock of the war without gunpowder smoke. Even in the United States, business and government are inextricably linked. This is one of the lines that impressed and surprised me. After all, this is the paradise of the free economy. I don't know how the finance and the government communicate and cooperate on a daily basis, but here I see that the economic crisis is unsupervised because it is too profitable, and that investment banks turn a blind eye because they are too profitable. Benevolent, saw the cruelty of the financial turmoil, saw the fragile and sensitive confidence of the modern economy, saw the embarrassment and passiveness of the government to bail out the market, and saw that the national tax revenue somehow entered the private pockets of the executives of the financial giants. At the end of the movie, although the U.S. Treasury Department finally saved the financial market from a complete collapse, there is still no sign of the market getting rid of the cyclical collapse. Perhaps in the near future, one or several heroes will still be needed The raging tide is falling, and the man who saves the building will fall.

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Extended Reading

Too Big to Fail quotes

  • Mack's Assistant: Tim Geithner's calling again.

    John Mack: Cover your ears. You tell Tim Geithner to fucking blow me. I'm trying to save my company.

  • Michele Davis: They almost bring down the US economy as we know but we can't put restrictions on how they spend the $125 billion we're giving them because... they might not take it!

    [the Assistant Secretary of the Treasury for Public Affairs upon hearing that the 9 bank CEOs may refuse to take free money from the federal government if they had to be held accountable for how they spent it]