The Big Short (2015) - Mark Baum''s Final Decision & The Aftermaths (Re-Upload) [HD 1080p]
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- Опубліковано 22 тра 2017
- "I don't know. I don't know, Vinnie.
They will be blaming immigrants and poor people."
*Audio in the end credit was edited so the entire video would not be muted due to copyright restrictions. - Фільми й анімація
“They weren’t being stupid, they just didn’t care.”
Most evil line in the movie.
Balanced out by the funniest line "This is like two plus two equals....fish!"
They did it because they knew there would be a bailout. Common Americans would pay the full price of this recession, by common Americans I mean tax payers. Our nation is run by gangsters and crooks with a failed justice system. Only 1 man went to jail for this betrayal.
Most transparent line in the movie. What Wallstreet did was CRIMINAL!
Probably very close to the truth
Most truthful not evil. Evil is the not caring.
The world is working on a sequel to this movie right now.
Chad D I’m digging your picture.
@@ApriliaRacer14 Pacific Raceways, Turn 13
Brexit is happening soon and Britain’s economy will implode first triggering recession causing them to print money.That’s why bitcoin jumped 30% the other day, its getting ready to absorb the pound. I didn’t believe in crypto before, but once all the governments fail and physical money is worthless maybe crypto will be the new thing
I kind of doubt that
I've been saying this for a while...
Final shot here is so symbolic. Everyone below him is suffering and he's all alone on top of his wealth/roof.
Just like in the real world, the rich are on the top and Will remain there, meanwhile the poor wont and Will be the losers in the scenario. I think we might see another crash in 2022 or 2023 with the interest rates going up. It Will once again show How the world really is.
It’s actually a little deeper. That’s the spot his brother committed suicide from.
hollywood likes to paint itself as the good guys, meanwhile they get tons of government subsidies, are involved in pay to play and other kinds of fraud, ruined the lives of millions of aspiring actors, all while they live in luxury and lecture to us the little people about the virtue of honesty. did the person the character mark baum was based on give the 200 million he made to poor people? no, he didn't. he held onto it like you'd expect any of the bankers who made money did. hollywood's hypocrisy is astonishing
@@cagneybillingsley2165 Yea but in the movie the whole point is there are no good guys and ultimately everyone's the same, and even if you aren't like Vinnie there's nothing you can ever do about a system like that. Also yea I don't like Hollywood either but they dont cause a world economic crisis or something of that magnitude every 5-15 years cus of their own greed stupidity and irresponsibility.
@@martinafghahi honestly think NFTs are exacerbating the problem, adding non-sensical money into crypto and artificially inflating Crypto like CDOs once did for housing. Along with the rise of ETFs, I think this entire new Big Short 2 will be a result of the Crypto-craze.
This scene came to mind this morning. “They knew. They just didn’t care.” Such an important movie for people to see.
Just the wrong enemy. The government caused that, not the banks...
@@felipepereira3061 gonna have to disagree with you there, not out of ANY love for the federal government, fuck those supposed representatives of the people. The government was and is CERTAINLY complicit. And it’s fucking appalling that no one was held to account. But as a financial analyst, ...our whole monetary system is desperately concerning. Fucking printing off trillions in fiat currency, someday that house of cards is gonna come crashing down in spectacular fashion. Keynesian economic theory is utter bullshit.
But I’d say the banks have way more sway over politicians than the opposite. The way I see it the banks basically have infiltrated all aspects of government to the point that politicians are far more beholden to their interests than “the people’s.”
We really have to end the insanity of legally asserting “corporations are people too, and should be afforded the same rights under the constitution.” Citizens United has to be overturned, and private donations/industry lobbyists must be totally eliminated. If campaigns were actually funding by the people, and not corporations, I bet there would be a dramatic change.... not likely to happen tho. My prediction is that we’ll keep driving this bus towards the cliff with the wheels off.
Sorry. Just had my coffee - didn’t mean to go off on you there.
@@RustinChole im glad that u understand the bs on the keynes econ, but, sorry dude, the history of the banks u told is too much "romantic".. Im not saying that they are naive or saints, but not this devils that u are drawning too. The problems is not the corporate owners donating to politicians campaings, but we, as a society, give to the politics the power to rule and control the people lives in that form. If politicians do not have the power to legislate on commercial transactions and other social interactions in society, such "non-carnal beings who own companies" will no longer be interested in investing in lobbying, for obvious reasons.
@@RustinChole good read mises.org/library/crisis-10-points
@@RustinChole with the votes....choosing populists politicians...that promises everything at ALL costs...saddly the people nowadays begs for a "patriarcal" government that do ALL for thenselfes...thats the price they pay....
It always bothered me that this movie got labeled a comedy. It wasn't a comedy, it was a real-life horror/tragedy.
With a comedic tone. Just like Vice.
Not from Europe it wasn't. Other people's problems are funny.
What do you think helped start the Greek financial collapse? Yeah a lot of it was homegrown, but it's not a coincidence that Greece started hitting a recession in 2008, the same time the US crisis kicked into high gear. The global economy in the 21st century is so interconnected that what happens in one country irrevocably impacts what happens in another country, especially when the country it's happening to also happens to have the world's largest economy. France, Germany, Ireland, Italy, none of them got hit as badly as the US did, nor are most of them suffering as many long-lasting effects as the US is, but all of them got hit, and most of them are still feeling the effects to some extent.
@@JoshSweetvale are you an idiot?
I don't remember that at all...maybe some people thought it was because Carell was in it, but I remember the trailers being pretty dark.
Carell deserves way more recognition for this role, he stole the whole movie
He was my pick over Bale for the BSA. Kinda disappointed he did not get it.
While I thought Bale did earn the nomination(and honestly wouldn't have minded if he had won), I think Carrell earned the damn award
its hard to say who did better between carrell gosling and bale here
however, carrell already deserved an AA for Foxcatcher. He's too underrated, he needs an AA asap.
CttPla Amen to that, he was terrifying on Foxcatcher
I feel for Mark Baum, he's such a sympathetic character that I find myself identifying with. Yea I just made the deal of the lifetime when in reality all I did was hear there was a iceberg coming and had sense enough to go on deck and see it for myself - then get me and my family ahead in the line for the lifeboats. Meanwhile thousands (millions) of innocents who bought the lie that nothing could sink this ship end up losing everything. And here I am in the lifeboat, listening to them all drown while powerless to do anything to help.
gamestop?
@@regnidash8611 and AMC
survivor's guilt
@@alexgarcia7104 AMC GME to the moon, Diamond hands💎
@@jacob_massengale wdym
"The small investing he still does is all focused on one commodity: water."
That is the single most terrifying sentence I've ever seen in a film.
Consider my terror when I see rumors that the politicians in Michigan continue to consider selling the Great Lakes water to other locations...
...its THE MOST VALUABLE resource Michigan has, and the politicians are treating it like its just run of the mill water. The environmental implications are enormous, the financial stakes are even more impactful...
Just because my hometown has so much water that they literally fight over how to drain it away...does not mean that it should be sold for fractions of a cent per gallon outside of the Great Lakes basin. Water is INCREDIBLY VALUABLE.
It's utter lunacy. But rich people are going to come and offer payouts to the politicians so they will enable a catastrophe.
@@dclark142002 They tried to do something like that in Oregon, selling water rights to Nestle from one of our sources. I guess there is some old law though that basically makes it so the local tribes have the right to veto anything that deals with land rights or something, I dont know the full extent of it but the tribes said, "nah, fuck off".
I saw an interview on YT where he (Burry) said he was investing in farmland with water supplies.
@@dclark142002 correction: the most valuable resource that Michigan has access to. Nobody owns the great lakes, except maybe the First Nations tribes that were stewards of the land first and foremost.
It also shows the danger in being someone like him. I have no doubt he's right--he talked himself into the fact that the fraud goes all the way down.and Western civilization's days are numbered. But a) not during his lifetime, his catastrophistic water positions will fail because all kinds of patches and dodges will make it appear to be working for another 40-100 years. There's no point in shorting the endgame if you're not going to live to see it. Plus, I wouldn't particularly want to live if it all came down.
I see Steve Carrell in a whole different light now... This guy can really act, I hope he gets more of these kind of roles
Loved Foxcatcher. Such an underrated film that no one talks about now
he's already great in crazy stupid love
when i read his comment, this was my first thought! he is amazing in foxcatcher
zephanish he has such a range this movie was a masterpiece
I just saw the trailer for Vice..which is directed by the director of this movie Adam McKay, and Carrell is in it as Don Rumsfield with Christian Bale as Dick Cheney. Looks amazing. Once I saw him in this and also Fox Catcher I thought damn he has come a long way from the 40 year old Virgin and Anchorman.
One of the first movies ive ever seen that was both a Documentary and a horror movie..
Well A. You're spot on about it being terrifying. but B. it's not a documentary. it's a dramatization.
was also an action movie with the gunfight in the middle
There is a sequel coming...(not the movie, but an actual crash. Well, maybe there will be a sequel made too.)
And a comedy
Try office space.
I lost my job in 2009 and was forced to sell our house in 2009 in a down market through no fault of mine. My mortgage co was Countrywide who went bankrupt -- I can't say FU loud enough to those greedy MF'ers who devastated my family financially. That is the real story
Look up GME and consider buying even 1 share, history is about to repeat, but you won't lose.
@@campionpesate4647 To the fucking moon, make everyone of those fucks bleed
It's 2022 now where do you see us in 3 yrs?
@@campionpesate4647 think it will pump again?
AMC and GME we will make them pay
Only Mark and Ben Rickert could be so miserable while making hundreds of millions of dollars. This shows how much they cared and how much they hated the system. Where others saw profit, Ben and Mark saw lives being destroyed, savings and pensions vanishing, and a whole generation of hard working people being left hanging for something it's not their fault.
Most Americans in general felt this honestly.
Its not the first time either. Vietnam was the first probably.
Europeans would understand why Americans vote the way they do, once they understand the history of their retarded government.
Mark and Ben were as greedy as the bankers. They felt bad, but they weren't crusaders . They created a market to enrich themselves.
@@danielplainview926 that’s the game. You have to take part in the fuckery or else you end up getting fucked. You have to become part of the problem
@@danielplainview926 how was Ben greedy? He literally refused to play, others had to come and beg him. He was retired, and went back to retirement after raking the 80 mil.
I think we need to make a clear distinction between betting against fraudsters (whose losses will make you rich and cripple everyone else), and committing fraud yourself putting everyone at risk.
Short markets in finance perform a valuable function in hounding out bullshit before it gets to the point where everyone believes it
I love the remorse both Carrell and Pitt’s characters operate with in this movie, just like Kevin Spacey and and Zachary Quinto’s characters in Margin Call. They realize that while it is an unbelievable opportunity individually, they are effectively hoping millions of people lose their jobs and homes, by betting against the market.
it's different. carell and pitt are making bets against the market. spacey and quinto's characters were part of the big banks making those bad assets and in a bid to save their own jobs, they dump their toxic assets all over the Street on every other firm.
@@InTecknicolour I’m aware, I meant Carrell and Pitt by “they”
They all feel it. Burry closes the fund etc
Carrell and Pitts characters are not "betting" on the collapse of the economy. They done their research and knew the wheel is already in motion and there is good probability that the collapse will happen regardless whether they purchase the CDSs or not. They simply took a ride on the whole madness of sub prime lending the big banks were doing.
margin call was dumb. they didnt explain a whole lot. too much emotion and little facts
A lot of people are miserable when they finish watching this movie. I am too, but I'm also furious. Those who rob banks are amateur thieves. Those who lead banks are professional thieves.
"give a man a gun he'll Rob a bank, give a man a bank and he'll rob the world" -sorry don't remember where its From-
I enjoyed it. Being smart and bending the rules gets you a lot. A good example to learn from
@@Artaxerxes. There are places in the world where everyone behaves this way. They don't have running water.
That's what Hollywood and the liberals want u to believe....
@@felipepereira3061 what an idiotic statement. The banks manufactured this crisis and created these predatory loans in the first place. You obviously dont know what happened
“What we learn from history is that people don't learn from history.” - Warren Buffett
That's German Philosopher Hegel said it first
very scary quote if you are the people, not the elites.
Then I guess we have no choice but too learn right
They learn, they just don't care.
@@neet319 The irony of the quote being miscredited is pretty good though.
I just inherited CDO tranche from a fixed income middle class, single mother. I spent a full day chewing out the investment advisor who did this and have threatened him with lawsuit if he doesn't reverse the investment immediately with a guarantee of at least the minimum buy in. He asked me what the problem was with it. I told him its BBB second and third layer paper with high risk that only people with lots of money should be involved with and not a single mother on a fixed income. This guy has consistently screwed over his clients for sales commission and there is absolutely no oversight to put him in jail or to prevent him from defrauding people.
If you see this notification, how did it go, how are you doing, where is he?
@@thomaspower8253 Same, it's been two years, any update on all this?
Whats his current address? Imma come talk to him. Just for a little bit
WTF man, haven't they learned anything
@terenfro1975 ... good for you. I see the same bullshit out there on a daily basis, and it's mind-boggling. At this point, I'm in the "replacement" business of shitty financial products.
Keep spreading the truth.
Holy shit I just realized is Mark having ths conversation while sitting on the balcony his brother jumped off?
Huh. Not impossible.
Was it the same balcony? Very symbolic either way. Never caught that before.
What are your sources? ;)
Holy shit great catch
Yes. It's a great symbol as well. Does he take the figurative leap, and sell, which makes him just as guilty as the people he hates but he can survive the crisis? Or, does he literally jump, having lost everything but remaining the good guy, and having to follow in the footsteps of his brother?
It's a HUGE personal dilemma, and Carrell kills it with his acting here.
Michael Burry's closing arc was quite tragic as well, even if we only know about it through a voiceover and a wall of text at the end. He lost all of his friends even after he multiplied their investment close to 500 times. He offered several times to educate the government on how he knew the market would crash. Not only did no one return his calls, but the FBI was sent in to harass him too.
489% return is 4.89x return on investment, not 500x
and the IRS was sent to audit him (FOUR times)
@@yongo1304 ever heard of estimating?
@@cortez121219933 are you dumb? Do you know the difference between 4.89x and a 500x. Its like answering an exam question with 4.89 but the correct answer was 500 and then you say you were estimating lol
@@yongo1304 it's not an exam though. It's ok to estimate. Especially when the correct value is in the vid.
There is a scene in this movie with something truly powerful and heart breaking going on in the background that no one ever talks about.
It’s when they are touring the abandoned neighbourhood. The guys are looking through empty homes. It looks like many were simply abandoned overnight. The whole scene is eerily quiet except for one truly heartbreaking sound.
Dogs barking.
It is not uncommon when people lose their life savings and have to leave their homes for them to leave their pets behind. The cost of feeding and caring for the animals is too high so they leave them behind with whatever food they may have left to tide them over until someone comes by to help them.
You see, when a landlord takes back possession of a house they are legally obligated to get help for any animals they may find living in that home. So the tenants leave their pets because they think that the landlord will be coming by to clean up the place and put it back on the market.
But the landlords never came back because they lost it all too.
So those dogs, cats, and every other once cherished and loved family pet, were left to starve to death in their homes by the families forced to make one of the toughest decisions of all with the thought that somebody would step in to save them.
It’s a sad and poignant allegory for the whole corrupt banking system.
Wow. I didn't even think about this when I saw it.
Shit, it might not have even been intentional by McKay. But you're 100% right.
And it's all happening again. The only difference is that it's been gradual, so no one cares this time.
The houses weren’t abandoned at the time. They were just seen as investments but no one ever lived in them
This is too true, often animals are abandoned due to a struggling financial situation. I knew someone with 2 pitbulls they had to put down because they couldn't rehome them (sweet, sweet dogs, if I could have I would have) in time of their foreclosure. And another story recently of a kitten that was found in an empty house, apparently the older lady that lived there could only rehouse 2 of her 3 cats, and had to leave one who then had kittens basically the moment she was found.
many were
"In a few years people are going to be doing what they always do when the economy tanks: the will be blaming immigrants and poor people". So accurate.
Luis Villalobos but the economy hasn’t tanked?
Yup , we see it in America and Europe , and event in Saudi Arabia , strangely they are all allies , but we don’t see Asians blaming immigrants ??? So strange but I guess this movie give the answer .
That's a lofty philosophical statement, but people have a right to be against illegal immigration. Alot of people are simply against illegal immigration... and for good reason.
As far as people blaming the poor, i've been in this country for over 30 years. I've never felt the need to blame the poor for anything, nor have i heard people go about blaming the poor either.
You must hang with a different crowd than i do.
gerty gerty what philosophy !!! I am pointing facts !!! Do you watch the news !!! Do you hang event with crowds !!! It’s you that think you are a philosophe 😂😂😂😂, I am a realistic , you are immigrant yourself , maybe from India I suspect 😅😅😅😅
gerard . A my comment was directed at the original post from Luis and about the quote he put in there that people just go about "blaming immigrants and the poor."
I just disagree with that statement, people in europe and the US don't like illegal immigration. There isn't a problem with legal immigration or legal immigrants, that's what this country was built on. But they do have a problem with ILLEGAL immigration, and they have a right to be mad about it. Every country in the world tries to protect it's borders and the US has the same right to do that.
I love this movie, but it makes me SO angry with how the world works. We have such insatiable greed
erodiumminer I feel the same goddamn way. It’s like the world can’t just exist anymore.
Agreed. I invested heavily in Short Real Estate ETF (SRS) and planned to make a killing. Of course the bailout came and I lost just about everything.
So even predicting things right is useless when the system is rigged. Sadly I was too busy working at my job to know about the bailout until it was too late.
It's not greed that's at fault. It's the lack of morality and accountability.
The lenders knew when the mortgages went bust that they were getting a bail out. So there was no need to vet potential home buyers for risk. Hence the reason whole sub prime market went bust.
Anthony exactly. Not a single bank steals from the people without knowing government will bail them out. They knew. And they stole. Government is at fault here.
The greed that still permeates our system is being fed at rampant levels now and the side effect is that more people are feeling massive levels of stress. That stress causes self destructive, self-medicating behavior. That crash doesn’t happen in a day or a week but over years.
Even the name "bespoke tranche opportunity" sounds shady
BTOs CDOs it even sounds the same. Same turd packaged with a similar name. The balls on these guys
i wanna buy one
@@azzidopintea4953 then lose it in a couple of months
Love how at the end there’s a shot of Baum on his porch separated miles away from the NYC skyline. Shows how removed and shielded these people were from the true consequences of their actions.
The line about him trading water and the last one basically implying we might be heading towards the same exact fate is fucking terrifying
clean water will be the most sought after commodity in the near future.
no ... access to the maker of clean water will be .
John 3 : 16
In other words, you believe that people will lack access to clean water in the USA within your lifetime? Okay then.
@@SpaghettiToaster have you heard of Flint, Michigan?
@@b4tc1ty Yeah, the water from one of the several rivers providing unlimited free water to the residents was found to have moderately elevated led contents due to insufficient water treatment, so some people had to spend 30 to 50 dollars a month buying bottled water for a year, or buy a water filter, unless they were comfortable driving a couple miles and filling up their jugs at any of the many nearby lakes and rivers which offer unlimited free water.
Time to buy some camels, boys, USA surely to become a desert by 2020.
Water and FMCG company
Jeremy Strong is a pretty good actor. Him playing Vinnie in The Big Short vs. him playing Kendall in Succession shows his range.
I recognised him from The Gentlemen, he’s brilliant
Absolutely love the part from 1:40. This movie is an underrated genius with the turns it takes.
Its such a perfect choice, by laying out what should have happened, it then points out just how fucking ridiculous what actually happened was.
Carell out on the balcony all alone was one of the most fitting scenes ever
Audio in the end credit was edited so the entire video would not be muted due to copyright restrictions.
thanks for the new upload!
cheers mate
Extractor do you know the song before the middle of this? the rock song
Klay Brewer Neil Young, "Keep on Rocking in the Free World."
Honestly the music at the end makes it better especially the first set of screen credits
It feels like the moment Mark said ok sell it all, he finally made his peace with the whole world, and it really touches me
Peace? He accepted that he was one of them, benefitting from the corrupt system. He realized by doing so, he was not any different.
@@yonaxl I think so too, but with this character... not nearly as evil as everyone else.
Yet, with acceptance, there is some tranquility.
How did he find peace, he failed, he thought that it would bring down the corrupt system but it didn't.
That's the thing, he did what they all did. It's never you, it's always someone else.
How is he at peace, he hates what has happened
In 2015, two great movies told as accurately as possible, two events that shocked the world: Spotlight and The Big Short. Both have a similar depressing ending - that the system continued to be as it was.
"They always blame immigrants and poor people" and ironically, the one banker who went to jail was an immigrant who was following orders so he didn't get fired.
Following orders is not an excuse. Lol
You can see dozens of those tyoes even in the comments.
They claim it was the 'low income borrowers/Obama(IOW Democrats) fault.
When in reality it was the arrogant Middle Class borrowers with 5-10-20-40 properties, using No Income Verification Loans etc. And Fatcat Executives.
No one even blamed them and that’s not ironic
@@Aceg13579lie more plausibly next time. lots of us were there at the time to hear conservatives' explanations for the crisis.
@@scottmatheson3346 😂😂😂😂😂 crybaby lib
can we talk about Michael burry and how he is investing in water... that's a big sign guys...
tech supp0rt Might just as well get a shit ton of seeds right about now.
Luis Diaz he is buying almond farms in California. They have rights to draw a lot of water from aquifers and the aqueduct.
buy Nestle German-US ADRs $NSRGY
REPLY
nestle is buying out a bunch of water sources around the world, trying to privatize a human right/commodity. we should be very careful on what we allow this corporation to do, but of course anyone that can do anything about it is benefiting way too much to care what happens to the rest of us.
Luis Diaz Jim Rickards says the same about water investments.
This ending gave me clinical depression.
Well, new regualtions prohibit all the 'betting' by outsiders, now to buy the CDO as 'insurence' you have to have 'skin in the game'.
The game is rigged.
...and has been for a long time....
Revolver Ocelot Living through this then the war on men that feminist started immediately after destroyed my hope in the future of the US...
Yeah, the game is rigged. Gratefully, it is the least rigged it has ever been in history. Mutual funds were invented in 1924, but were commercially available to laymen in the late 1970's. If you weren't born into nobility pre 1900, you were quite literally fucked. Now, if you don't know HOW to learn after the advent of the internet and tech advances, you're fucked. Yes, the game is still rigged. Be at least thankful that it isn't more rigged, and that the rigging isn't present before you are born. Everybody at least has a shot now, if you learn to learn and work smart not hard.
I have all the major cable movie channels and not one of them will replay this film.
Not Netflix, amazon prime video, or hulu either...
Jp Altman i watched it on netflix
I saw it last month on a flight. When Baum asked if their exposure was "$3M, please tell me it is
@@TALLPaul67X what does exposure mean
@@eliteslayerkillamaja the amount of money that you have invested in something and that way the amount you risk losing.
This is not a movie, this was real life and this level of curroption continues to this day at a greater degree.
The transition of angles from 3:20 and after is perfect. The way the camera is close up on Carrell as he contemplates the implications of them "winning" and becoming like the rest of them and gives a more intimate and personal look at the emotions he is going through. Immediately after the "sell it all" comment, the angle switches to a wide format, showing him by himself atop central park showing he as well is going to profit off the backs of others failures and demise. And thus the cycle continues.
Watching the movie, obviously we know that they’re gonna get the money. But, the ending was so unsatisfying, not in the sense that it was a bad ending, it was actually a great ending. But, unsatisfying in the sense that the ending was too real. The money didn’t matter, because they realised how fucked up the economy is. Also, they got their money from betting that millions of people will lose their houses and jobs.
I thought the end would be a big celebration of I told you so, but it wasn’t. Looking back i realised how this crash affected my family also, so of course its not a happy ending. Great movie, and great ending. People needed to know this.
In light of the Bloomberg article about the big new commodity on Wall Street, I can only think about how, after I watched this movie for the first time, my parents spent twenty minutes arguing about how Michael Burry trades water and why that's so terrifying. It's so great to see their predictions come true five years later :)))))))))))))
The soundtrack at the end, during the epilogue, is ominous, perfect for what is being said.
Reading that Charlie and Jamie were "laughed out of all law offices" is horrifying.
All of it was.
Water is now traded as a commodity, god damn
The more you watch this film and the scenes on UA-cam the more poignant it becomes. Absolute masterclass, the writers the director and all the actors smashed it out of the park. A chilling and almost horror like film with a huge sense of reality and worthy behind it yet comedic when the times were right. Fucking quality film.
I agree. It's particularly remarkable how they didn't shy away from explaining complicated matters, but did so in a brilliantly clear but entertaining manner.
This was Steve Carell best acting performance ever. He should have won a Oscar for this.
"At least we are going to see some of them go to jail" the funniest line in the movie!
Thanks Obama
@@mikemantle 🤣 this happened under Bush.
@@palillo2006 The bubble happened under Bush but if these bankers were going to go to jail that would be under Obama.
@@mikemantle And Bush gave the bankers/walstreet a reward by giving them a bailout.
@@palillo2006 You're the one that quoted the line from the movie concerning jail not bailouts.
If anyone was going to go to jail that would be during the Obama department of justice.
The bailout happened in Oct of 2008 Obama took office in Jan 2009 and was in office for 8 years.
"They will blame immigrants and poor people" oh 2016 elections.
I don't recall Trump connecting either to the economy.
Seriously Tobias? Did you even watch the 2016 election campaigns?
if youre referring to illegal immigrants, then yes
@Austin Find a citation.
June 22, 2017 "Trump: 'I just don't want a poor person' running the economy", as if any poor person has obtained a major political position that had a direct impact on the economy. As with immigrants, he blames them almost every month on twitter.
IDK why but the little line "Ben Rickert now lives with his wife on a large orchard. They have plenty of seeds" made me happy for some reason, to see a guy who got out of the game who just wants to live a simple and secure life have what he wants.
from brick tamland to michael scott to mark baum, steve carell is criminally underrated
Donald rumsfeld too in Vice
Is anyone else concerned about the fact that the weird genius dude who first predicted the collapse is investing in water?... Lol.
the one thing everyone actually needs
Yes, I am concerned too
Those are his public investments. His shorts he purchases aren't public. Those are private
Broooooo
For the record, one of the big problems that destabilised Syria? A drought.
When i watched this movie i actually had an emotional breakdown when i understood that our whole economic system could fail so easily
People forget that with the housing market we all did turn around and buy back those homes. You can't repo student loans unless it's from JP Morgan
Not to mention that the infrastructure is based off of owning shit we can’t afford. It’s atrocious.
Greed is a scary thing.
That is why you buy gold and silver.
well basic things like education and healthcare which should be human right are made buisness so what can we expect
be it republican or democrat both work for big mnc
I basically watched the whole thing in just snippets.
One of the best movies, EVER out there! I watched it around 10 times already! Unfortunately many people simply don't understand finance and the markets, therefore, they don't understand many parts of the movie!
Ten times!! !
I've watched it over 20 times now... it's my go too movie when I'm flying!!
One of the greatest movies of the decade. It is somewhat funny and entertaining; it also has an excellent drama, a social critique, and is very informative.
I love how the camera goes to show central park and the rich terrace he owns in the right the moment he says "sell it all". The spectator can then judge him as well for his actions ( betting against millions of people) and show that he is no better.
That's not so cut and dry. The market was going to crash anyways. He simply decided to punish the banks but unfortunately they got bailed out anyways.
What?
When the levee breaks is the absolute best song they could've chosen for the outro
Boy, the closing statement was the equivalent of the evil spirit/murderer staying alive in a cliffhanger ending in horror movies.
Especially with that music.
Something really chilling about the way he said “there’s going to be a bail out” even though this happened over a decade ago, the movie was right, this did affect humanity more than anything people usually bring up
Trust. It’s gone. In its place is Tribe.
1:30 "in a few years they will be blaming immigrants and poor people" BBBBBIIIIIIIIIIIIIIINNNNNNNNNNNNGGGGGGGGGGGOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!
When I saw this in theatres in 2015 I remember thinking about this line but thinking it was a little over the top... not anymore.
Joe C and just like the lesson in the movie. Nobody actually paid attention and let a rich racist douchebag into the White House.
Well, depends on who is doing the 'blaming'. The Banks, of course, are trying to blame immigrants and the poor.
The Government understands the Banks screwed up... the issue for the Government was that most of these Banks were considered 'To Big To Fail', which happens to also be another movie on the Topic.
And the Average Person, who likely isn't all that informed, still correctly guesses that it's the Banks that screwed up... because we distrust large institutions. Even if the Banks hadn't screwed up (and they 100% did), we'd likely still think they did.
So they certainly tried to do exactly that, but it only got them so far. You hear anyone today, that isn't a Banker, saying that Immigrants caused the Housing Collapse? Think about that. Likely not. But what you do hear is 'greatest swindle in history' or 'lying banks'.
And when you do any research or studying, nothing points to immigrants and the poor. It points to Banks allowing Risky Loans that they failed to even verify information on (which lead to the Defaults) and the CDO's (which lead to the collapse). The Banks for not doing their job... and the Investment Firms for compounding the problem.
So yeah, they tried to pass the blame. But that's not how History remembers it.
@@theclimbto1 While I do agree with you, it does follow that Banks lobby political parties to speak on their behalf. The banker themselves would never speak on political and social matters in as much the oil companies would never declare war on any oil rich country but rather it is the political parties that become extensions of their interests... Even if it is to shift blame. Your analysis is really great though. You certainly highlighted a few things I missed.
@@theclimbto1 The recession was indeed a heist, they made billions of dollars worth of loans and knew the more that they made the more they can bargain from the government to bail them out. It is a heist cuss they knew all along the economy would collapse and couldn't give a flying fuck as long as they were getting their giant piece of pie.
@@awesomenolan234 Hillary didn't win though?
Baum's comment on what would happen afterwards... just gives me goosebumps
It's happening all over again, but with student loans. I've taken out many loans in my life, I even borrowed from a loan shark once: but I have never heard of a loan that you make payments on for 7 years and the principal keeps increasing. That's what the average person doesn't get when they hear about the student loan problem. And mark my words, the banks are not going to eat the losses, they are going to come to the taxpayers, through the people in Congress that they have bought and paid for and you are going to pay.
ok, so how do we short that?
This ending was and still be the most frightening thing I've ever seen.....every time goos pumps all over me.
2001 and 2008 were just the first two acts. Get ready for act three by around 2022!
@@jackhydrazine1376 2022 is a pretty wild ride tbh, and by what's happening currently, it's gonna get a lot more chaotic
pumpin goo all over me
Steve carrell was insanely good in this movie. Also I think Jeremy strong was great as Vinny. So much good acting this movie had! The acting, the dialogue, the mix between comedy and suspense. Great movie
It's literally one of the best films I ever watched. Such clear and simply to realize that we are charge by idiots.
Like Mark said: “They weren’t being stupid. They just didn’t care.”
We’re not ran by idiots. We’re ran by psychopaths.
@@InattentiveADHBwe're not ran by psychopaths, we're ran by ordinary people following their self interest, just like anybody else. pretending the bad guys are extraordinary ignores the greater, mundane horror that everyone is evil.
Student Loans are next, right back with housing.
You cannot default on a student loan.
Jonathan Sykes yea you can, 67% of Americans aren’t paying them.
@@jonathansykes4986 Not in the traditional since. But you can absolutely fail to pay, and many, many are.
@@jonathansykes4986 I mean the government is packaging these loans into SLABS (Student Loan Asset Backed Security) and repackaging unsold SLABS into CLOs (Collaterized Loan Obligation). Funds and firms are buying these assets in large bulk and ratings agencies are lying to people on what these CLOs and SLABS are worth (mostly again because they don't know how to properly mark them). The government started giving out NINJA student loans because of the high demand for education. The problem is, the job market is so saturated with people with degrees that a bachelors degree doesnt mean jack shit anymore. A lot of these graduates can't find good jobs, resulting in the loans not being paid and the student loan default rate is rising every year. (IE EXACTLY what happened to the subprime mortgage industry is now happening to the subprime student loan industry)
The one saving grace is that actually the amount of money given out in these loans is lowering every year, unlike the subprime mortgage crisis where real estate kept rising. So maybe not as big as a bubble but some could say there is still a bubble
@@manatortv Majority of slabs are guaranteed/backed by the US govt. The govt' would cover 90-98% of these loans in the case of default. This is a sensationalized idea. The next big collapse isn't in student loans.
2:54 I love this actor, whoever he is. I don't know if he represents a single real person, or a composite of real persons, but his character is great.
The funniest thing about this scene is that due to the bailout he would have made more money if he never sold his credit default swaps. But who would have thought the government bail out would have been so far reaching? I guess, the companies who bought his swaps.
It was obvious to everyone the banks would be bailed out! There was almost zero risk in assuming That
@@rage8kagejust because there's going to be a bailout, that doesn't necessarily mean it'll reach all the way down to the little guys - a rising tide doesn't lift all boats. and there were many unnecessary, potentially catastrophic risk hurdles in the way, for people without the reserves to wait indefinitely.
Even the banker who went to jail was probably an immigrant.
627283 8383 he was
A E you're a bad listener
Hearing and listening are two different things, my little puppet.
A E you are some other kind of stupid
This is the most neckbeard comment I've seen on youtube in a while
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Lol, well it’s not a bad idea coming online to get answers and you did the right thing as well. You shouldn’t be hard on yourself dear.
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When I was done watching this movie for the first time I felt how Steve Carrel's character felt in the movie when everything about C.D.O.s was explained to him...just sick
The blaming on the immigrants part got me depressed because it’s exactly what’s happening even till today
Really? Immigrants become bankers.its poor ppl who get blamed ....No one is serious about tackling the banks and wall street.
It was a shame he even included "immigrants " it's such a distraction from the blame of local poor and how bankers get let off.
Do realize, there is a difference in an Immigrant and an Illegal Alien.
Actual Immigrants get blamed for very little. Illegal Aliens get blamed for a lot.
It's always the same, the financial institutions fuck the citizens on a daily basis, but the average American is convinced that the brown guy tending to the lawn is the enemy & blame him for all the countries problems.
@Anton Zuykov wasn't aware he cleaned it up just saw my 401k take a hit cause he can't just not tweet
Nobody blamed immigrants for the economy poor. Trump said he doesn't want illegals. Never did he blame them for a bad economy. How the fuck do you even make that connection.
"When the levee breaks" was the original ending song for the credits and you can actually kind of hear amongst the traffic before the movie title appears.
I'm feeling like Mark Baum now.
A new 2008 in Europe and USA.
giggi70 something much worse is on the way
Seriously, that last about "one commodity: water" is kinda scary
It's going to happen again, and it's going to be bigger.
Max Sanchez I’ve been hearing it could happen between 2020-2022.
@@thomaslandry1215 Or perhaps last week.
Bruh😭
The Big Squeeze is here Bois 💎🤲
The sequel is going to be fire.
And here we are, on the precipice of something ten times larger.
"Yeah cuz they're fucking crooks" - most important line of the entire movie...
I'm addicted to watching this movie, but I get so angry watching it.The way the rich get away with this type of shit and there is nothing we can do about it. I know the response is to vote, but in the end what can really be done?
Vote? Are you serious? Presidents are puppets, they're paid to do whatever Wall Street and the corporations want them to do. Hillary and Trump are corrupt, both were already bought out long before the results of the election. Trump just keeps everyone busy thinking about North Korea and ISIS meanwhile Trump and his corporate buddies are scamming the system for personal gain. And now everyone is focused on the wrong issues, they've completely forgot about the greatest terrorists in the world, private banks and corporations.
Actually voting is better than other alternatives but in a lot of cases, it doesn't matter who gets voted, the rich have so much money they can buy both sides, so it doesn't matter who wins, they can still get bailed out. I recall during this crisis another european country went through the same thing, the difference was, in the end they put a lot of these crooks in jail, they even built a special prison for them far away from the general population. On the other hand, you have murica that only put 1 person in jail lol... and you have a bunch of these uneducated morons that still blame immigrants because their political party is still spoon feeding them the bullshxt and they eat it all up, and fk themselves harder so that the real criminals could get away.
Yeah, if I became president, how would I profit? Just run my mouth and try to start a war, buy gold and invest heavily in other war profitable items, pretend that global warming isn't true even though I know it is, but most of my voters are idiots that will like me even more if I act this way. The problem I have with Trump voters isn't because Trump is stupid, because he is clearly intelligent, but that doesn't mean he would do anything to help you, the average American, just because he tells a few things about tax evasion(which you would already know if you had friends working in said field or you just researched it a little, but to the red necks wow its like dark magic, OMG!!!) suddenly every moron thinks that he's gonna do good for them and always tell the truth, he could still deny global warming and let you poor morons die/suffer while you believe in him and he goes on to profit more from your misery; He could still run his mouth and start a war and profit while Americans pay with their lives; Actually both work hand in hand, the more disasters, the less resources, which leads to conflicts and it helps with starting wars. He is no doubt really smart, but he's just working for his own benefit, and morons are gonna fk themselves and other average people just to make him rich lol...
Kai Keeper : I'm not being a smart-ass or trying to bait you into a frivolous debate because I am genuinely curious... Could you please go into as much detail as you have gone into about Trump, what you think would have been different about Hillary or Sanders? And what has been different about Obama (extra credit)? Thank you.
Three options:
1. Rebel and get nowhere
2. Accept it in defeat (and get nowhere)
3. Accept it and play their game
The only way this system will go away, is if something worse comes along to replace it...
Something like Immortan Joe doing crucifixions, whippings and brandings for fun on a desert planet devoid of food and water.
Makes the current plutocracy seem kind of laid back, now, doesn't it?
31/3/2020. and here we are again
The little semi-awkward scene at the beginning is a great touch
Love how this deemed a “comedy” instead of the future now in 2024
While the movie makes a very good point about the financial crisis, it misses the mark on understanding why the bankers didn't go to prison for this. The simple reason is: It's not regulated.
These big banks have massive law firms deal in compliance and legal loopholes to avoid jail time. Congress had repealed the Glass-Steagall act in 1996, allowing for banks to sell mortgage bonds to financial institutions.
If you want to stop this from happening again, elect congressmen who promise massive reform in financial institutions.
The opposite happened: the banks merged, got even bigger and no one went to jail. The bubble is even bigger today than 2008.
You are completely right, It’s about to burst again.
Burry only trading in water is fucking terrifying.
Carell has always been a great actor and he never gets great roles in important movies; he deserves a great role because he is a very underrated actor. So funny and talented he can act any roles he’s given.
I like how in this scene the movie exposed how little you actually knew of history by attempting to trick you into thinking the right thing happened and those responsible were held as such.
It was just a joke...
Great point. Think of all the suckers who thought that was how it ended, before he said just joking.
@@gringoguapo I was one of those suckers lol, just made the ending more depressing than it already was
@@mentor668 Seriously??? Jesus christ, people have already forgotten.
@@DarkGob To be fair I am only 21 and live in New Zealand. I was 7 years old at the time.
That water thing is scary Af 😨
Yup, Nestle owns all the water in California so nobody can fight the forest fires that happen every year.
@ that's the American way.
@@BuriedFlame so are you saying buy nestle?
one of the saddest endings to a movie
"This is the best horror movie of all time" - Employee
It’s sad how much 2008 hurt my parents generation, many of them are still feeling the loss to this very day.
The big short is about to have a sequel.
This is the best line in the movie: "Look at yourselves! You know - you pass yourselves off as cynical people but...you still have faith in the system - don't you?" Jared Vinnet to Mark Baum.
😞
“…where there is a Nobu.”
I die every time lol
2:41
What he meant was that
He could pick an alternative way which was warning the banks, governments and people rather profit from their stupidity and greediness
And how history repeats itself...
It’s finally here
3:00 something about the depth of field, the too-even lighting, and steve carells uniformly white, contourless arms makes it look like he has squat little mini arms with big hands.
congratulations - you can't unsee it now. good luck not laughing through this emotionally charged scene ;)
Jeremy Strong’s open mouth gum chewing in this movie is beyond bonkers
Small part of the scene but I love that Porter asks Danny if he wants to get some Cuban 😂
I would have given Carrell the Oscar for this scene alone.
I pity your soul if you can watch this and not get angry