any other movies like this? will add to my quarantine movie list
How accurate is this movie, Yas Forums?
the book is pretty accurate, but obviously it was hard to condense that down to 2hrs or however long the movie goes for, without it being absolutely boring. i mean normies struggled with the concepts in the movie as it was, imagine if it was even drier lmao
let's all be honest. who here actually understood what was going on?
>tfw i understood maybe like 30% of what was being said
>Nothing caused people speculating in the housing market, thats just what people do and are still doing
Yes, because the rates are even lower now. Debt is far higher than 2008 ( personal, corporate, sovereign) so the recession ( which has already started) is going to be far worse than 2008
This is all a function of low interest rates and cheap money, would not be surprised if the FED goes negative next week
margin call, inside job and inside the federal reserve for movies related to the gfc
I would have loved if they could have gone without Margot Roastie, Selena Gomez, the bankier woman from DB and all females in general because I don't want them in my movies.
Is it true they kept the price of CDO's high to sell sell sell and then let it drop?
you are going to have a lot of people on this board convince you that it was all the governments fault and nothing else. they were definitely at fault along with the fed yes, but the commercial and investment banks really took the piss on this one
It is generally correct. Option market, a crazy long-pockets trade (they have paid tens of millions in order to not get liquidated)
No serious flaws. Banks are market makers, they sell options and other similar instruments for a quick small profit (which pay big on scale).
Once in a while shit hits the fan.
BTW, going and really checking for a bubble part is really brilliant.
thanks user
I'll second Margin Call