As for the United States, especially in the financial industry, the products are highly mature and have passed the period of the fastest expansion. The concepts of leverage and swaps are no longer new in the minds of the public. In the context of this era, Wall Street 2, as an American film, holds a position of moral reflection, and a plot of the American dream of saving individuals that is reflected in most American films.
This position and plot did not arise out of nowhere. The most accurate metaphor in the play is to compare the over-inflated financial system to a tumor. It is mentioned in the film that financial-related products account for up to 40% of the U.S. GDP through pure capital operation rather than value creation. I have not confirmed this, but in 2007, the financial industry (excluding related products) ), which does account for 20 percent of U.S. GDP. No one can say whether this proportion is too large, and no one can give an exact, benign saturation proportion, straight to the crisis that broke out from Fannie Mae and Freddie Mac in 2008.
The foundation of this film is reflection. The foundation is different from the previous one.
China, a country that still has a lot of chicken blood in its economic and national fantasy, obviously does not like this kind of reflection in the financial industry. Everyone prefers the dreamy feel of the first one.
However, the United States is different. If it is said that Hollywood blockbusters always need to fit the current mood of society, then the collective dark side of Wall Street 2, from the individual to the institutional, does satisfy the emotions of American reflection. Especially in such a context that the Federal Reserve is constantly using the qe policy and is still protecting the financial industry, this spirit of reflection is indeed what the society needs.
The institutional reflection lies in the national use of financial leverage, the government and major financial consortia kidnap each other and transfer bad debts; the moral reflection lies in the social spiritual outlook formed by this development model and the US public welfare and selfless value system, or ideals. Violation; behind the ambition is a heart that longs for family, love, and ordinary good life. The heart and the body are separated from each other.
So for these reflections, is there an answer at the end of the film?
Perhaps to everyone's disappointment, the film ended in a hurry with no response to the dark side revealed. Gekko's heart changed in an instant, and the hero's softness was like a soap opera. And the movie ends in a family gathering mode, it can be said that it is purely helpless. With a system riddled with holes, an uncontrolled financial development model, and the Fed's constant supportive policies, where do ordinary people go? Maybe you can only pin your hopes on your children. The happiness of the family is changed because of the children; and the wrong value system of the previous generation has also been pinned on the children.
However, we have not seen, perhaps as we now comment on the "Beat Generation" before the United States, how future generations will comment on such a development model and people's enthusiasm for finance, speculation, and beyond health. Will we also be the "Beat Generation".
Have we seen that the children of the future generation are already burdened with the huge pressure of capital operation that is overdrafted by this generation in the United States. Before they are born, they have no choice. It may be too much to give them hope at this moment.
The problem of modern people's values can only be solved by themselves, no matter how unfeasible the process is and how heavy the cost. Thinking of the American Dream that entrusts the future may not be able to help us escape this catastrophe.
Because that's just like "covering the burst of the previous one with the next economic bubble."
However, for China, should we do a good job of legislation and make reasonable plans before financial products are developed? Let everything develop in a predictable, healthy pattern before a nice big win in future financial wars. Let financial products become the blood of the economy, not a tumor that sucks social resources and transfers crises.
Movies that are not to our taste, give us the best inspiration
View more about Wall Street: Money Never Sleeps reviews
