Human greed always emerges

This is a story that restores the substandard goods crisis in the United States. I don't understand economics so well, so I don't quite understand how to short the plot. The film typically tells about the ins and outs of the three groups of people who sold short-selling financial products. When I saw those big financial institutions happily accept the short-selling agreement, I only felt that even professionals were not sober, or People's greed will make people ignore the impending disaster. You see when the stock market is booming, who will realize the next crash? In the process of falling, most people choose to wait for a rebound, and some people even cover their positions. Then boil the frog in warm water, deep set.
It has only been more than 7 years since the subprime mortgage crisis. Our current real estate market is still increasing leverage, low down payment, or even zero down payment, or zero down payment in disguise, regardless of the solvency of the buyer. Shenyang has moved to the school. The idea of ​​a college student selling a house is like in the movie, a girl who dances has 5 houses on hand. How can this market not collapse.
Besides, the three groups of short-selling people (teams) first admired their vigilance against the market. In the midst of the uproar, they saw a crisis. Crisis is both a danger and an opportunity. These three groups of people seized the opportunity and ended up with generous income. , of course, this process is torturous, you have to withstand the huge pressure, so the opportunity is only reserved for a few people with perseverance, here we want to talk about "malicious" shorting, I think this is willing to gamble to admit defeat, watching this movie , do you think it was the people represented by these three groups that caused the subprime mortgage crisis? No, they are just the last straw. The subprime mortgage crisis is bound to happen, it is its own problem, not whether someone is short or long. Stocks can have a daily limit of more than a dozen in a row, and the income is there. Everyone thinks that they will not be the one who takes the last baton. Coupled with the psychology of buying up and not selling down, it is strange that they will not fall in the end.
The end of the film tells us that although the subprime mortgage crisis happened, people, especially those senior government officials and financiers, did not learn a lesson from this incident. The beast of the financial crisis has always lurked in the world, waiting for human greed. Head up again.

View more about The Big Short reviews