How often have I seen Facebook posts celebrating Iceland in its efforts to have bankers gaoled for their role in the 2008 global crash and to have the banks pay for the deficit they created?
Go see “The Big Short” to see why all the other countries should have done the same.
How often have I seen Facebook posts exhorting a former Bank of England Governor’s conclusion that the Labour Government was not to blame for the 2008 global crash?
Go see “The Big Short” to explain to those who can’t see it, why it was the financial sector that was to blame.
How often have I seen “tweets” about another crash being on its way? At the last Audit committee, I asked how likely another crash was. The answer I got was that there has not been an increase in the take-up of insurance for businesses against a crash.
Go see “The Big Short” to see why I can no longer accept that answer.
But most of all, go see “The Big Short”.
It’s gives form to what went wrong.
Unpleasant to watch.
‘It triggers outrage.’
But an education.
Go see “The Big Short“.
Some reviews have been critical of the movie’s style.
But the content is challenging to grasp. Turning mortgages into bonds. Shorts and the other financial products.
And they don’t made the lead characters nice to relate to. Nor is the language of that era easy to follow.
So the film jars on a number of levels.
But hey, go see “The Big Short”.