I don't get it

Autism

>>81160985
Jewish big government propoganda

>>81162133 (witnessed)
/thread

H

Loans are lik money and shiid

http://archive.4plebs.org/tv/thread/81097162/#81097162
http://archive.4plebs.org/tv/thread/81102329/#81102329
http://archive.4plebs.org/tv/thread/81099962/#81099962
http://archive.4plebs.org/tv/thread/81107062/#81107062
>>81160888

fuck off spamming retard

>>81160985

Someone told me to "watch this movie to understand the crisis".

I think watching the hearings on CSPAN and reading "Too Big To Fail" would teach you more. People who recommend this movie don't know what they're talking about.

In essence, it's about people who took loans they couldn't pay back, but there's much much more to it than that. This film entertains but doesn't educate.

Also, the cringe scenes where they ask "le douchebag bankers" what happens when they fail to receive mortgages and they laugh...just no.

Pretty much Occupy porn for millennials.


I wouldn't be this autistic about it, but every time someone brings up "muh bankers, wall st top 1% man haven't you seen the big short" I feel like they're too busy in their lives to research something so instead they try to become informed with 2.5 hours of Gosling making anti-capitalist japes, and a few tits thrown in.

>>81160985
a reddit movie for redditors

>>81162133
Yeah those Jews sure are anti-banking and against unrestricted finance all right

Why the fuck is this film being posted so much lately

>>81163036
normies finally get to see it on their precious netflix

>>81160985
I like to think it was a The Office spin off, where we follow Michael Scott when he leaves Dunder Miffilin with Holly and starts another company in New York

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Here you go my man

>>81162922
It is a good movie to explain 08 to normies or people who don't understand how Wall Street works

And yes it is justified in Occupy shit. That was the attitude they had back then, a lot of people who did see it coming was dismissed as pessimistic or a party pooper. But tbf it wasn't so much as malice but more of delusion, they were making too much money to really want to confront the fact that this will not end well

"When the music keeps playing, you got to keep dancing."

>>81164028
>When the music keeps playing, you got to keep dancing
My bad this is the real quote
>As long as the music is playing, you've got to get up and dance

>>81162922
>it's all the poor people's fault!
I bet you don't think there's anything wrong with the Fed either, faggot.

>>81164087

I'm Jacksonian AF when it comes to the fed, I just have a pet peeve for people who try to make complicated things seem very simple by filtering out the technicalities.

And yes, some of the problem with the 08 crisis and the world in general was that people made mistakes. You can blame the banks, the politicians, the top 1% but you'd blame God before you'd blame yourself. People shouldn't give loans to people who can't afford them and people shouldn't take loans they can't afford.

So fuck you, faggot.

>>81164028
It wasn't just the bankers either, politicians on both sides acted irresponsibly with policy.

>>81164223
>people shouldn't take loans they can't afford.
Everyone was telling them they could. The gov and Wall Street. You are right in that they should know better but you are basically assigning blame of a firestorm to the forest and not the arsonists.

I don't blame the people for getting into this mess desu, but i blame them for not punishing Wall Street for this nonsense or even rethinking the huge amount of power the 1% has over everyone

>>81164309
Politicians did geninuely wanted to house people with a flawed policy, but it was Wall Street who turned a flawed idea into a really really bad idea. Nobody could predict CTO would be a thing when they wrote their policies and it is not fair to assume so

TL:DR The government might be incompetent, but it was Wall Street that really fucked things up

Also the bailout was necessary to prevent Great Depression 2.0, and quite swiftly and decisively executed. Too bad no reforms were made to prevent this shit from happening

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>>81163792
>Let's take everyone's 10 dollars so that way we can give them 1 dollar back after we've redistributed the remanining 9 dollars
>we're all poor as shit, but at least no one is more rich than me!

>Marxist actually think this is a great idea

>>81164485
They could have bailed out homeowners though. Instead they bailed out the people making those poorly thought out gambles. Some of the banks bailed out, like Goldman Sachs, had sham retail departments so they could skim TARP money.

>>81164485
The poor policy is what led to bankers taking those actions. I don't care if the politicians had good intentions, it les to bad loans to poor people because muh American dream

>>81164792
Bailing these idiots out was necessary to prevent credit from collapsing. It isn't so much of saving their ass and more of prevent everyone from panicking and losing their jobs and shit

But yes they should have bail or assist those homeowners that got screwed over

>>81163174
It's been on Netflix for months.

>>81164904
>implying during the policy making someone thought to themselves "Hmmm, will Wall Street fuck shit in an extremely short-sighted way that will bankrupt the entire economy via CTO? Nahhhhhhhhhhhhhhh"

I wanna make big money guys

>>81165105
That's the fucking problem! Politicians make policy and very rarely do they give enough of a shit to think about what kind of incentives they are creating and what it could lead to. Instead they sit there with their thumbs up their ass and think they know what is best, and will just regulate it.

>>81165204
>Politicians make policy and very rarely do they give enough of a shit to think about what kind of incentives they are creating and what it could lead to
You think they just make policy in a vacuum? There are legions of lobbyists, think-tank psychopaths, and general assholes behind every bill. Don't think the financial industry had no hand in writing the laws and regulations they would later abuse.

>>81165292
Of course their are lobbyists, but that doesn't absolve them. Did you know Bush repeatedly called for tighter regulations on Fannie Mae and Freddie Mac before the crises? Democrats consistently opposed it, is that the fault of lobbyists? I'm not saying that the fimancial industry doesn't share in the fault, but too oftwn people over look politicians or simply take a partisan view

Margin Call was better

>>81165494
Both have 88% RT score, go figure

>>81162922

What the movie shows is that the self-regulating market doesn't exist in reality.

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I don't like the title but this is rather interesting.

>>81165655
If that worked the Great Depression would have been "quite different".

>>81165494
Margin Call was shit. It felt like a long pilot episode for what could have been a great series, but it was just a shitty movie.

>>81166126
The Great Depreasio wasn't a market problem though

THE CONTRACTS ARE VOIDED?

THE CONTRACTS ARE VOIDED?

>>81166659
t. plebbitor

>>81165519
Margin Call didn't have shit characters, shit dialogue, shit acting(you know it's true) and shit editing.

>>81168766
It literally did though

>>81163792
Switch keysian to first and put marxism on the same level as austrian

This was a bad wolf of wall street ripoff

>>81160985
Its literally explained to you like youre five. If you didnt get it then i dont think youre pretty doomed for the real world

>>81164372
>have shit credit score
>normally, cannot get a mortgage because people don't trust you with money
>but now you can! we trust you now dawg! you'll repay us right bro?
>"well i guess i really iz own a house now"
it's hard to blame the people who took out loans, because no one likes being turned down for free instant money
but it was still pretty fucking dumb

>>81166659
>>81168828
hey margin call hating samefag fuck off

>>81169069
>>81168766
samefag

>>81164599
not an argument
Soros doesn't need $100 billion dollars and neither do you

>>81168872
this anon knows what's up

>>81163792
Marxist economics
Labour value theory


Oh god fucking hell Marx is so fucking overrated most of his shit is so fucking easy disprovable and i dont mean HURR durr Soviet Union crashed ,therefore im right. I mean really disproving some theorys he made

>>81160985

it's about a midget porn actor, he's big but he's short

>>81169990
>The Short Big

JACKED TO THE TITS

>>81169918
Of course Marx was wrong about some things. It's a good thing 'marxist economics' isn't just Marx, but the whole tradition that stems from him, just like any other school of economics