A Bet Against American Economy 😰
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- Опубліковано 15 жов 2024
- The Big Short ( 2015 )
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#shorts #reels #viral #thebigshort
Problem is having a system that makes that bet very inevitable within a matter of decades.
Edit: just want to clarify for you all. I’m just saying ban the stock market. Some people are real idiots in what they think I’m saying, so I have to clarify. - in this instance, just ban public trading. The whole point is buying low and selling high.
It is 1 possible revenue stream for a business, and a profoundly awful one. Go back to the days when people actually had loyalty to a company they invest in. Bring in venture capitalists. Ban stock trading.
That's what happens when the gov dosen't allow business to fail
@@Cormonkey18you do realize the government caused most of the problems to be begun with
@@Cormonkey18this happened because of rampant fraud and scumbaggery. Not allowing banks to fail by bailing them out with our money happened afterward.
Greed
over and over, like clockwork. the nature of capital.
Take that money from those arrogant bankers but don't dance.
Bankers didnt pay all that much. The American taxpayers did, though
Yes it’s from Bankers but when Bankers lose, it’s customer also lose with jobs layoffs and homes being foreclose.
@@art96321 perhaps individuals should learn financial responsibility and living within their means.
@@traviskey5695living within their means? How is losing everything in an economic collapse that has nothing to do with you your fault?
Am I not living within my means if I get hit by a car and no longer can work so I lose everything too? Or did I lose everything in a horrible accident
@@traviskey5695 what? people lost their savings, the bankers duped the people and not the other way around
and the bankers got a golden parachute
1% = 40,000 life. That's insane.
There are so many variables that that number truly can not be extrapolated or proven. I'm not saying it's wrong or right, but it's a made-up number. A guess. Please take that number with a grain of salt.
@@MyMomsADadNowso you're saying it's can be higher than 40k
@@MyMomsADadNowit's a made up everything it's a movie
That also doesn't sound right. Then again, tens of thousands of people die and are born every minute. So maybe those statistics are just really noisy. If more than 40,000 people starved to death for every 1% unemployment goes up, the U.S. would have taken a noticeable population hit and it would be EVERYWHERE.
This was a great and saddening movie
Anyone else think he suggested AA tranches because right before that, the other guy mentioned not drinking and getting ginger ale. 😮
Don't dance, but lets make money lol
The economy was going to crash regardless, it was already too late to do anything to stop it so the next best thing was to try and make a profit.
That doesn’t mean that what they did was morally correct however, and he recognized that.
@@sandwichjones6995how so?
@@sandwichjones6995don’t dance because thousands of people would be losing homes, pensions, jobs, etc.
@@shellshock10he just explained it to you
Well they're sticking it to those bankers that ruined the economy. It was all going to shit anyway, so he helped them make money, but he wasn't happy about it and wanted them to learn that none of this was worth it
Movie name?
The Big Short
Movie name please
The Big Short
Rocky VIII
Darude Sandstorm
the big shlong
The reality is this movie was seen as entertainment instead of thedocumentary that it was
And it’s about to happen again 50 times worse
More like a 100x worse
Over and over and over. Humans have short memories and infinite greed
Tell me more
@@Flokeeyloand hope
@@rosechoix The end of this movie basically says it - the banks just renamed everything and started doing this shit all over again, and they've been propping up a failed system for nearly 15 years, telling everyone the economy is strong and to keep buying shit they can't afford. The middle class is *done* after the next big crash, only this one will be *engineered* to cement the banks as our new feudal lords. And we're all distracted by "Democrats vs. Republicans" instead of realizing we're being screwed from both ends and up the middle.
Like on September 9th and 10th 2001? Yes, it happened
Not their problem
Oh, the virtue signalling.
If only people understood the REAL reason the 2008 crash happened.
What was the real reason?
@@adityasuryavanshi3687 dude sounds like a brain dead mouth breather. I wouldn't expect a coherent response from him
I mean, sub-prime mortgages was the main driving factor. I presume you are alluding to the fact that the movie leaves out the government's massive role in subsidizing and defending these loans for the banks until everything blew up. Both admins were complicit until it blew up in Obama's face right away, and then he capitalized on it for the next race.
Easy to act it out when you're nominally affected
ABAAE
Dance because you are not responsible for others mistakes.
"you just bet against the american economy" up there as one of the dumbest lines in cinema😂
Why? Bc it echoes the economically illiterate sentiment that shorting is evil. Which is dumb considering the point of the movie is to explore the circumstances that allowed this shorting opportunity to arise. Those guys who "bet against America" are doing a service by exposing fraudulence with their due diligence. The bad guys are not the short sellers, it's the lawmakers who created the incentives that led to the creation of bad loans that were doomed to fail and the businesses that went along with it. Shortsellers merely noticed, thats their job.
…because they actually bet against the american economy?
@@rickeyheard4454 Why? Bc it echoes the economically illiterate sentiment that shorting is evil. Which is especially dumb considering the point of the movie is to explore why that shorting opportunity arose. Those people "betting against America" with their due diligence are actually doing everyone a favor by exposing fraudulence. At worst theyre neutral, at best theyre the good guys. And in this movie the bad guys are clearly the politicians that created the incentives to generate the bad loans that were doomed to fail and the businesses that went along with it. The shortsellers were merely the people that noticed.
And for the record i hate marvel movies.
It isn’t a dumb line. That’s did exactly that. Bet against the American economy hoping it would crash so they could make millions.
How is it dumb? @@RiqMoran
Okay, thanks for the clarification
Ahh get lost Brad
As soon as someone says "unemployment" I stop listening. Unemployment is the # of people looking for a job and can't find a job. It doesn't account for people who don't have a job and aren't looking.
Well i mean if your no like disabled or something, not a student/kid, and not lookin for a job, ur highkey bummin it. Not that theirs anything wrong with that personally. But most americans dont give af about our bums on the reeds INFINITELY more than our Bums on the plush
If you aren't looking and don't have one, you're worthless to the economy.
If you are looking but can't find one, that's actual lost worth
You're looking at it wrong. Unemployment is an indicator of failure in the economy.
That's people who want to or have to work, who can't work. It HAS to exclude people who don't want to work, because in good times or bad times they aren't participating in the economy.
When people are concerned about unemployment in the context of the economy they are referring to how the economy is failing to provide for people who are needing the money (wanting to work)
@@niichuuko1095Bingo. Which is why you will never achieve 100% employment either. Getting down to almost 5% unemployment (what many economists consider the minimum) during Trumps term was an oddity.
if you don't want to bet against the economy then pay taxes?
... Do you think people not paying taxes was the cause of the recession?
I hope that you can’t vote
the two arent related?
65 IQ people think taxes are what’s creating economic growth.
Wtf are you talking about?
Problem isn’t banking, it’s capitalism
Ehhh I guess I agree. Capitalism works great in general, its the fairest you can get when you break everything down. However it is incredibly easy to abuse along with rewarding abuse. Like communism and socialism, sure great ideas that work if everyone is a "perfect" person but in reality the systems become abused by tyrants.
Fundamentally, capitalism is the idea of loaning money that doesn't exist in a system that regulates how much virtual money can exist.
A bank loans money to a housing contractor who stores their money in a bank which loans it to someone else (the same dollar is on loan twice). But today we can take collateral loans out against the value of other's loans, shorting them and creating derivative loans.
Idk if the problem is capitalism as much as it is just the age old problem of having a complicated system that some people know the rules of, and others don't. Fundamentally capitalism doesn't seem to be a problem, but it's highly complex and few people are specialized in playing the game. Any complex system has the same issue, and simple systems are clunky.
It's kind of like the biology problem of why aren't there any animals that have evolved wheels? Because there are no simple biological steps that gradually lead to wheels and benefit the organism every step of the way.
Capitalism is gradually incrementally beneficial, more so than a lot of systems, but it requires tightly controlled regulation about how virtual money is allowed to exist (loaning the same dollar out 15 times), that everyone trusts.
If there is a wheel-like system that is highly efficient and only has upsides and no downsides, we haven't invented it yet. It probably exists, but it's likely not gradually incrementally beneficial.
@@ChayComas what you describe as the best system relies on your method of goodness. Sure the wheel is great in many environments just as capitalism is great by many metrics. However, when you get into mud, water, snow, hills, uneven terrain…etc there are better alternatives. Similarly, if you believe the greatest good is not profit or innovation but rather compassion, collective well being and quality of life, you might look to a different system. I know no other system has been able to thrive in the modern world but it’s hard to get an honest experiment done when your control group keeps embargoing, overthrowing, invading and threatening to bomb the experimental group before it really gets a chance to establish.
@@justbigstepbro9167you have no clue how socialist economics are organized
Nope, capitalism isn't the problem nor was it the cause of the 2008 crash. If you think it was, you were badly educated on what capitalism is.
Wait, you can make money and reduce mankind's carbon footprint as a consequence? Sounds like a pretty good deal on paper.
How did the carbon footprint shrink?
Imagine hoping for people to die just to ease your made up carbon concerns
@@FlokeeyloIt didn't.
Movie name?
The big short
Movie name?
The big short