Wall Street, subprime mortgage, CDO, synthetic CDO, CDS, short selling, Barbara and other financial terms Professional analysis, you can pause while digesting.
Don't think it's complicated, I don't understand finance, you know, they're just to make you feel stupid on purpose to control you!
Not to mention that Wall Street and financial Barbara are far away from me.
It is essentially talking about something that is directly related to each of us: house prices! and money! money! money! money! money!
As I get older, my brain vitality is less and less than that of a child. I am deeply suffering from buying a house and money!
What is money?
Money = Social Status = Dignity?
Money = shame = dirty?
No matter what you think, each of us is controlled by money and we don't even know what controls us.
You know, you are also paying for the global economic crisis?
Nobody wants to make money! It's just that everyone makes money differently.
The film is based on Wall Street before the global economic crisis in 2008, and tells about several geniuses who make money in different ways from the world. When the world economy was frantic, they bet against banks on the future of US real estate, and purchased a financial product called CDS. This product means that when the market is booming, they have to pay the bank. When the market is down, banks lose money to them. Buying bad and buying down is called: big short!
What lunatics would bet on economic decline when the market economy was developing frantically! WHY!
1. Michael Barry The
stock economic manager used tenacious, tireless, and meticulous data analysis to first discover the evidence of the U.S. real estate crisis and create CDS, which is to short the market and buy 1.3 billion CDS from banks and wait for the fable to come true.
Wearing a plastic fake eye , not social, heavy metal lover
2. Mark Baum
Fund managers question all known reports unless proven otherwise. Desperate for Wall Street, bankers. On-the-spot investigation of the real estate economic crisis and the bottom-up greed of the whole constitution.
Because of the suicide of my younger brother, I feel extremely guilty. The way I communicate emotionally with others is money.
3. Charles Galle and Jamie Shipley, the garage entrepreneur "diaosi" who were rejected
by Wall Street, outsiders have the dream of entering Wall Street and becoming a financial elite!
4. One of Ben Richter's male gods,
a former Singapore trader who hates money games, thinks that the entire financial system will collapse, and even the world is gradually disintegrating. Free to help two dream garage teenagers with CDS short trades
. Cleanliness, self-sufficient food seeds are the
essence of money. They are all small people on Wall Street.
When the economy is booming, betting or falling is bound to encounter the world's inhuman devaluation and ridicule.
It seems that we are all afraid of being laughed at.
Then they went through a long day of waiting for the economy to collapse, and the constant pressure to pay the bank because of the rally.
No one believed the housing economy would collapse.
Unfortunately, our geniuses, got it all right!
How could the rock-solid real estate economy really collapse like the end of the world? ? ? ?
The film's bottom-up visit to question everything known about Mark
allows us to see the full picture of this economic crisis from its brewing to its outbreak.
Because ordinary mortgage loans are not profitable, bankers package them into mortgage securities CDOs and sell them, and get huge profits.
Bond rating agencies do not have a subprime loan (loans with low credit), all of which are rated AAA, otherwise the bank will find other institutions, Lost profits (essentially flooded with countless subprime loans) Real
estate agents can apply for loans for everyone, including those who cannot pay, as long as they write false information on the application to
do subprime loans Higher returns
Buyers don't understand the market economy at all. Who should be responsible for this economic crisis because of low down payment and crazy unlimited multiple purchases waiting for appreciation to make huge profits ?
Most people think it's Wall Street's fault, let the whole society pay
but God's perspective, let us see from every angle is the top down the whole constitution/human greed and stupidity
because they all choose to let greed and ignorance blind the present Extremely simple reality
Subprime loans, CDOs, synthetic CDOs, these high-end financial terms are actually all! Yes! garbage! Rubbish!
Don't tell me again, the ignorant are fearless.
The last few geniuses who were enemies of the world, bet against the bank to win the collapse of the US real estate economy.
They have to bet on an economic collapse at the right time, while still paying huge reparations long before the bank goes bankrupt, earning a huge financial return (and finally selling their CDS bonds at a discount).
Isn't this another economic game?
When you win the world, do you really win?
The geniuses have all got their benefits as they wished.
But no one is really happy about it!
No one can laugh out that
we are part of this world and the whole of this world, indivisible.
In essence, this is a huge tragedy and
no one can absolve themselves of responsibility.
Even they earn money from their parent company, friends, family.
What is money?
I haven't found my answer yet.
But at least I see that I can't be superstitious about authority and indulge in greed and stupidity.
I want to have my own independent personality/independent thinking and have a conscience.
I very much agree, fanaticism = superstition
The truth is always in the hands of the few.
I may have a genius plot myself.
I don't approve of mediocrity, I love extremes.
What is mediocrity?
Mediocrity is when you climb halfway up a mountain, do everything halfway, never climb to the top or never ask for the best, the best, and never the excellence!
Genius is all about focused, extreme progress.
I love geniuses.
They are always loyal to independent thinking and good at observing the truth of events.
Have you ever thought for yourself when the whole world told you it was the right thing to do?
People always want authority to tell them how to choose value, but they choose authority, not based on reality or achievement. They choose it only because these people seem authoritative and say what they want to hear.
What is authority? Government, religion, successful elites, teachers, parents, and even money, dreams, morality, etc., are
in addition to the truth of the moment.
Never follow the masses blindly.
That's the hope the geniuses gave me.
They didn't save the world
, but they're heroes to me
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