So here we go…Banks started dispensing mortgages like candy in the middle of the last decade. Of course, the details are much more complicated and comprise an avalanche of purposefully obscure financial acronyms, a glut of global savings looking for higher yield and overconfident and reckless financiers. If you grasp that, then you’ll be able to enjoy the 5-time Oscar nominated film. The Big Short tells the story of the financial crisis through a group of outsiders and misfits who predicted the housing collapse and became fabulously rich. So What Exactly Happened in The Big Short?
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