Fake free market?

Eusebio 2022-04-21 09:01:15

At that time, I had just finished studying macro and micro, and I watched this film worthy of deep reflection in the professional terms that I didn't understand. I experienced the greed and shamelessness of the financial world, the fierce collision between the pity and the temptation of money in the face of interests. .

In this subprime mortgage crisis, there are no real winners, only innocent people who are suffering and being played with. Credit rating agencies that are full of lies, mercenary financial capitalists, and opportunistic characters like dancers abound. Does free competition lead to monopoly? Either. However, the market without effective supervision is destined to only bring about the rotten life of paper and gold fans, and a chaotic world where black and white are reversed. Even Mike, who has always despised Wall Street and called for social responsibility, does not choose to compromise in the face of huge interests (although he is struggling).

This is the reason why you don't like finance. It nourishes a small group of people, but hurts a large number of people. It is not bad to follow the laws of the market to earn a reasonable income, but blindly pursuing profits and squeezing the ignorant civilians of the industry will only be despised. After the rapid development of the financial industry, the real economy should also usher in the great development under the trend of artificial intelligence.

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Extended Reading
  • Kaitlin 2021-10-20 19:01:01

    The editing is like a kaleidoscope, using a light comedy to tell three big short sales like a blade walking. Behind the absurd joke is the pain of 99% paying 1%. People with no financial background may be even more enthusiastic, otherwise it would be quite embarrassing to watch a group of actors break the dimensional wall and explain CDS and CDO... From long-term capital companies to subprime mortgage storms, has the greed of Wall Street gone?

  • Augustus 2022-03-19 09:01:02

    It’s not easy to replay such an old tune and tell the story well. Some innovations, such as a semi-comedy, semi-documentary and lectures by famous artists, are also very interesting. However, apart from the script and lines of this movie, there is really no highlight. The Oscar n mention is even more exaggerated. It really is a young year ha ha ha ha ha

The Big Short quotes

  • [last lines]

    Mark Baum: Okay. Sell it all.

  • [repeated line]

    Mark Baum: I love my job.