CAPITALISM IS BAD MMMMKAY

>>87787407
one of the best movies ive ever scene desu

>>87787712
Literally all exposition, 5/10

Wow a bunch of rich pieces of shit getting richer. Very compelling.

it was fine until the "immigrants and poor people" line

I wanna make big money guys

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yes capitalism is bad

>>87787407
All correct, around jews you lose

>>87787961
But that's what happened

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>>87788073
not one person blamed the housing bubble on immigrants or poor people

>>87787961
>I get angry at things that happened because it goes against my ideology gathered from image boards

>>87787407

One of Adam McKay's film critic friends wrote an article prior to the Oscars telling us to watch the movie again - and remember one crucially important thing - This was the fault of White Men.

I thought it was pretty funny because it skirted very close to the truth, and would have tipped McKay's message from normal liberalism (White Men are the blame for everything) into Right Wing Nazism.

Also - mediocre movie. More like recreation scenes from a documentary rather than a real film. Also did a poor job of explaining the situation because it seemed to want to focus on the details rather than the larger picture. Or maybe it's just that the larger picture is assumed knowledge or that the small details would drive people to peace together the overall problem themselves.

I dunno, but it didn't feel like a real film, like Wolf did.

It's also weird seeing Hollywood beneificiaries of the system attack the system.

>siding with the bankers just to be contrarian
where do you dorks draw the line?

>>87788073

No they didn't.

They quite rightfully blamed it on rich people and politicians.

The only people they didn't blame it on was the Jews, even though that's also true.

>>87787882
>trivial numeric rating system
the exposition is valid since the majority of people don't know the first thing about micro or macro economics, and the fact that all the while the film is subtly suspenseful and succinctly paced and insightful, this film is a winner on top of class performances all round, you are a stupid fucking cuck, simple

>>87788107
You're right. Everyone blamed it on the bankers except for the bankers themselves, who claimed it was a terrible and completely unforeseeable tragedy like an earthquake and started begging for more gibs.

>>87787407
You think people having the same opinion of money men since the foundation of civilization is just a coincidence that holds no basis in reality? The fact that so many americans needed this movie to figure it out is the worst part of it

>>87788123

Yah. I remember Occupy Wall Street rallying hard against immigrants and poor people.

>siding with jewish bankers who fuck you out of money with pointless usury
You're a 15 year old libertarian OP.

Also did you know that banks make up money out of thin air when you sign for a mortgage? That's right, they just create your debt without taking any of their existing money. They create money and it's legal, because the bank jew has this country by the balls right now.

>>87787407
This was a critique of government intervention more than capitalism.

>>87788176

They're partly right. These policies and practices are cornerstones of the investment banking industry.

It's mostly by chance that they don't all go up in flames. They just got unlucky in this case.

Luckily Bush and Obama followed through on the bipartisan effort to initiate Quantative Easing - because look at how well that worked for Japan 20 years ago. Nothing says success like an endless debt cycle to prop up private businesses that never turn a profit but award their employees millions because they are simply 2 Big 2 Fail

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>>87787407
>bankers
>not evil

>>87788257
The investment banking industry is foreseeably a bubble factory. All it does is magically create imaginary money while siphoning value out of productive industries. The fact that it's even allowed to exist is a travesty.

>>87787407
Thanks for the movie suggestion, op

>>87788223
I find it so hard to believe how done retards would warp literally everything to fit their views. You can't be serious anon?

>>87788346

Like most things, the basic principle isn't a problem. But as soon as people find a way to exploit/game the situation they will. Which is what happened with the GFC - and the natural reaction to that should have been to allow them to fall on their faces.

Instead the government stepped in to mitigate their losses and allow them to get away with their gambling. That's the travesty.

What they did hurt people - okay - but in turn they would have been hurt themselves. The government intervention left those at the bottom of the chain hurting while protecting the top of the chain. It's pretty fucked.

I think that angered people more than the initial scam itself.

>>87788426

He's not "wrong". It even contains a scene/line at the end about this (from Steve Carrell's character). Government intervention both initiated this scam and saved the scammers.

>>87788623
How did government intervention initiate the scam?

>>87787407
>implying simple oversight is a bad thing

>>87788011
After seeing this movie I did too

>>87789927
By keeping interest rates low since the late 80s or so, but that is on the federal reserve.

>>87790099
So the federal reserve just decides that all loans will have a certain interest rate and all bankers have to abide or be shot? Is that the system we live under? Seems pretty fascist to me.

>>87787407
The film was decent except for the preachiness near the end and the cringe celebrity explanations. And concerning the housing crisis, long story short it was everybody's fault, including bankers, cdo managers, mortgage brokers, the govt, and many average joes who bought things they couldn't afford to pay. And you know what has changed since then? Almost nothing.

But they are lol, i don't get how people will act as unpaid shills for people who wouldn't spare you a single thought?

>>87788107
Plenty of people blamed it on poor people. Personally, I think the blame lies mostly with the bankers but most of these people should really have known better. It's like smoking, yeah I'm not rooting for big tobacco but you have a choice, and not everyone chooses wisely. Would I rather live in a world where there isn't a demand for deadly drugs, or a world where everyone who smokes does so in moderation? Of course. That doesn't mean someone who is addicted to nicotine has no responsibility for his situation.

>>87788173
The fact that you just threw out terms like micro and macro in a discussion about this movie shows that you know nothing about economics. You know Thaler is literally in this movie right?

>>87790232
>mortgage payments skyrocket because of literal fraud
>i-i-i-it's your own fault, goy

>>87787407
But bankers are quite literally evil. Only the most boomerist of boomers deny this.

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*Uncettered Capitalism (with no rules or safeguards) Is Bad

ftfy

>>87788151
opey here, there is no line

>>87787407
>brainlet

>>87790387
lol

>>87791036
nice meme but where's your argument?

>>87790387
>throw out terms
>macro and micro
>............................thaler
How desperate are you to win

Mediocre movie, but I liked the scenes with autistic Christian Bale.

>>87790387
Yer a fuckin joke bud

>>87791076
This

>>87788151
Yeah, siding with the bankers, the profession that people need the most to live and also despise the most just because they eventually take back what they deserve, is being contrarian

When the unwashed masses eventually rise up and eat the rich, this movie will be scripture in the new world. Investment bankers will be first against the wall for their arrogance.

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>>87793164
It's far, far too late for that.

>>87787407
Considering the banking system is a giant scam at this point (that is legalized by terrible bills), yes it is bad.

>>87787961
This.

>>87787407
Except it doesn't say that at all you nitwit.

>>87787882
As someone who works in the industry, the suspense is fucking intense. It's a common nightmare to basically know what is going to happen next (e.g. crash) but not being able to profit on it because of issues such as those shown in the movie.

But there are Bankers that were trying to f*** over the other Bankers so that doesn't make sense

>>87788346
Investment banks don't create imaginary money.

How drunk are you

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>>87787407
>>87787882
The only problem with this movie is that the average audience members is too dumb to get it, even with fucking intermissions telling people what is going on using fifth grade language.

Why is it this film intrigues me so much but I don't understand really anything about it

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The housing bubble was the result of the federal reserve and government regulation.

Not the free market.

/thread

>>87790771
HAHAHAHAHA

If we had unfettered capitalism there would be no housing bubble.

you brainwashed keynesian idiot

>>87793164
>eat the rich
and get what out of it?
the working class consumes 99% of all resources

What more can you get than 99%?
ahahahah

kill all leftists

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It's such that brainwashed retards support central banking and hate the free market.

Why do leftist cucks enjoy being enslaved?
gas them all honestly

>>87793892
>and get what out of it?
More wealth.

No longer being another man's bitch.

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>>87793915
>More wealth.
bullshit.
the working class consumes 99% of all consumer goods

What more can you get than 99%?

Please answer this.
This fact really seems to kill leftists, it's so fucking great.

>>87788107
BUILD WALL

I didn't understand what's going on.
I wish they was some exposition.

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>>87788017

MADURO MUST FALL

>>87793590
Who cares movies are a dying media

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>>87788017
>capitalism did this to venezuela
get the fuck out

>>87789927
it was the peoples money that the government used to pay the price

>>87793862
that was the point of the movie, wasn't it?

the guys depicted were doing the right thing, trying to take advantage of a predictable movement in the market, and their investments should have provoked a response from the market, but they got fucked over when the government stepped in and stopped that correction from happening

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Who /lovemoney/ here?

>>87787961
That line felt like the studio stepping in to please core market audience.
>>87788073
Literally everyone blamed the banks and the elite for it and the politicians for allowing it to happen.

>>87793862
You are so fucking retarded it would've made me furious but luckily you posted an anime avatar so I don't feel the need to explain common sense to you.

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What are some good /biz/ kinos lads?

>>87791862
Good goyim, the bankers are our greatest ally!

>>87793943
I'm not even leftist and that argument doesn't make any sense. You do realize that most people don't consider amassing wealth as the sole purpose of life, right? Most people don't even consider it among the most important.

>>87794725
>get the fuck out
not an argument

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Money is everything. Thanks to money I can buy:
>drugs
>alcohol
>whores
>food
I fucking love money

>>87787961
>implying it was wrong
I have argued with people here saying immigrants and poor people borrowing more than they could repay was the chief cause of the crisis

>>87794725
Your sarcasm detector is broke homie

>>87796798
It was, though, and the movie literally shows that. The bankers also knowingly took advantage of them. It was a group effort. But at the end, the movie decides to assign responsibility to the bakers and only the bankers.

>>87791862
I too like getting fucked in the ass by a huge black cock

ITT: people that get fucked daily by rich people, defending rich people
Ameriturds were a mistake

>>87796868
It's a bankers job to say "this is too risky, I'm not lending money" That is the entire purpose of risk analysis and underwriting. It falls squarely on them for not doing their jobs.

>>87796798
And that is partly true. Obviously all parties are at fault but I can see the argument made that a person taking a loan he can't repay is more at fault than the bank giving him the loan.

The repackaging of loans was just another cause in a list of many.

>>87797096
And a person is not at all responsible for the money they borrow? If I max out my credit cards and go broke it's the credit card company's fault?

>>87797096
In the banker's defense though (and I do acknowledge that a lot of the blame does fall on them), letting someone hitch a mortage isn't inherently risky. What made it risky is that the growth of housing prices fell, and you had people that defaulted from not being able to sell off their homes with increased gains, which had the banks seizing everyone's home right and left. Leaving the banks with all too much property on their hands, and no one to sell it off to.

Bankers couldn't really predict the trends the housing market would follow. Maybe an Investment banker at best, but not a commercial banker who's only there to sum up some ratios and fill in legal paperwork.

>>87797036
>"I-I'm a few years a-away from being rich myself, I don't w-want to insult the future me, h-haha!"
In all fairness, beats our europoor socialism shit.

>>87797096
It's the customers job to say "this is too risky, I'm not borrowing money". The internet is full of "borrow up to 50.000 euros with no collaretal" ads, that doesn't mean I take each one and trust the bank has made sure I can repay it. That's my job.
>>87797330
>beats our europoor socialism shit
It truly is a sad state of affairs when Americans have more common sense in a matter than we do.

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>>87797366
>Americans have more common sense in a matter than we do.
Centrism is on its way friend.

>>87793164
>Investment bankers will be first against the wall for their arrogance.
>help various companies get funding by evaluating them and insuring that no one gets frauded by them, potentially meaning health-care firms might be bought out by a rich investor who'll release their product world-wide
>"dey are the worst of Wall street!!!"
Traders maybe you can deride, but come on, there's a lot worst than investment bankers.

>>87797445
We're heavily moving to the left in Finland come next election. Our current ""right wing"" (moderately less leftist but just as incompetent) government fucking things up big time isn't helping the cause.

>>87797493
Wish you all the best. Our left-wing has been swept away in the last election, garnering around only 6% of voting intentions for themselves, and its rotting carcass can be basically caricatured as "the ebil commies" since they've skewed themselves even farther left.

So we're left with Macron in the center being pretty right-wing, the ""right"" doing its thing, sort of surviving (in American politics they'd be considered democrats), and the FN nationalists sort of stranded.

Makes it feel like we're a one-party state. Comfy but also frightening.

>>87797611
Macron seems pretty promising from what I've read. He has some good ideas to encourage small businesses. I'm interested to see what he actually gets done.

We're in a sort of unique situation since the largest party is the right-wing party, and the president is also from that party. The president is hugely popular, forecast to bring in 68% of the vote and sweep the whole election in the first round come january.

At the same time the fastest growing party is the "green party", which has literally abandoned their focus on environment and is just another communist party these days. There's 4 of these leftist parties and combined they'll possibly get over 50% next election without including any right-wing or even a centrist party into the cabinet.

They're especially big among the youth (under 30) which can be a sign of trouble in the future. How much of that can be chalked up to naivete remains to be seen, voters often shift right with age.

>>87797445
>insuring that no one gets frauded by them
What?

>>87796264

schindler's list

>>87797847
>company CEO: the EV for my firm is 4 gajillion, get your share at 5 billion a piece good goy
>investment banker: erm actually, it's only worth 1,000 bucks :D
>investor: gee thanks Investment banker! I almost gave him my 5 billion$
That's the gestalt from what I know of the field.

>>87797805
>They're especially big among the youth (under 30) which can be a sign of trouble in the future
We've had that too, and from the looks of things, it's why there's been the communist party that's been booming with their ability to draw in the youth, and pretend that they'll be instrumental to renovating all things political in France (Mélenchon particularly hammered in that there'd be a Sixth republic had he been voted in, and I suspect there were quite a few people to whom it rung well that they would've helped bring about a new Republic, since it hasn't happened in sixty years).

But once you wave goodbye to university, and see how much of your earnings are to be returned to the State, your toying with communist ideals usually withers away pretty quickly.

>>87798145
Our public sector is so big it employs literally over half the women in the workforce, not to mention everyone living on welfare. So even after they get a "job" they still drain tax money and are never introduced to the free market. State might take a cut, but more importantly 100% of what they keep is also from the state.

>>87788135
Incoherent

>>87787407
>wallstreet and banks ruin the American economy
C-capitalism works I swear, it just hasnt been tried yet.

>>87793164
Yes. Goldman Sachs is legalized larceny.

How long will they keep getting away with it?

>>87788017
Protip: rabbit meat tastes good and is eaten in lots of countries. Fucking americentric views I swear.

>>87787407
>BANKERS ARE EVIL MMMKAY
Are you a fucking Jew by any chance?

>>87796868
>>87797142
Maybe. But legally and morally the onus was on the "experts" who convinced them it was OK and those people trusted them. It's clearly predatory lending. They used their reputation as big, reputable banks to convince people into borrowing so much. If people didn't have any trust in banks the system would collapse, so they must have trust in them.

>>87798886
Banks are private businesses, of couse they push their services and products to you. A person should make sure he doesn't borrow more than he can handle.

>>87798652
Goldman Sachs are /ourguys/

>>87788217
>fuck me out of my money
>hold me to the terms to which I have agreed
Pick one brainlet

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>>87793164
https://www.youtube.com/watch?v=fJwHZVl5Buk

>>87794725
>what is neoliberalism

>>87788217
>fuck me out of my money
>hold me to the terms to which I have agreed
Pick one brainlet

then
>every politician but Trump is a corporate Wall Street whore
now
>REEEEEEE stop being mean to based Wall Street

What did the Kekistanis mean by this?

>>87789927
Community Reinvestment Act

>>87799060
From the 1970s? Hahahaha

Why didn't yer boy Dubya repeal it? Couldn't get a rubber stamp from the all-Republican controlled Congress? Lol

>Capitalism
>Not bad
You are aware that with the Equifax fiasco that something like a whole third of americans are PERMANENTLY at risk for identity theft?
And it's not because those americans made the wrong decision either, americans literally were not given the choice. The banks gave the customers information away to equifax, probably for money that the people whose information was being sold did not see a cent of.

>>87799051
>the internet is one person

>>87796227
>What is Community Reinvestment Act?
>What are making laws that prevent banks/mortgage companies from red-lining and taking huge loses because signees are economic risks?
>What is Fannie Mae and Freddie Mac you blind faggot?
>Who oversees those institutions?
What advantages of F & F have that fuck over other types of banks?
>Why did over 2/3s of the Legislative Branch and a Democrat controlled Executive branch ease regulations?
>Find out why they had to (Goes back to the first point)?
>Re-evaluate your life and the fact that your a faggot who is incapable of being an efficient passive objector where the foundation was laid down decades ago.

>>87799166
Other legislation was passed that changed the way CRA was applied

http://www.businessinsider.com/the-phony-time-gap-alibi-for-the-community-reinvestment-act-2009-6

And the Republican party is leftist.

>>87799007
I can't believe the media jews let that one air soon america will rise up

>>87798954
Being a private business isn't a card to be exempt from unfair business practices. The average person isn't that dumb that he borrowed way more than he could pay, that's just basic math. What happened is the financial experts convinced them house prices would rise at such a rapid rate that they could easily refinance, and that the housing market was so good the adjustable rates on their mortgages would never go up. This sort of thing is much into the realm of financial experts. It's not practical that the average person should know about these things so well that they distrust what all the banks are saying.

>>87796264

Wall Street is ultimate /biz/ core

>>87796264

Boiler Room

>>87787407
>its a retarded polack thinks a movie against economic intervention is somehow socialistic

Bad episode.

>>87799562
>Being a private business isn't a card to be exempt from unfair business practices.
Sure, but by now everyone should be familiar with the concept of advertisements and sales speeches. Do you trust the back of the box of any product to be an accurate description of its quality or do you look for information from independent sources?
> It's not practical that the average person should know about these things so well that they distrust what all the banks are saying.
If they're planning to take a loan of hundreds of thousands of dollars it should be. It isn't the banks' fault if people have trivialized such an impactful decision.

>>87798999
>>87799027
>White bois love Jews
Hmm

>>87799668
>trust the information on the back of the box
Some of it, like nutritional labels, because it's legally required and there are penalties if it's false. This system of trust creates consumer confidence which is very important to a successful economy.

>trivialize such a decision
They didn't. They did thorough research by asking the experts and reading what experts wrote - which is reasonable behavior. How is it reasonable, practical or moral that the average person should be so skilled in financial matters they know better then people who's job is to know financial matters?

>>87799964
>like nutritional labels
Nutritional labels would be more akin to reading about the financial market first hand, since to the untrained eye it's just a bunch of numbers. I was more referring to something like a vacuum cleaner telling you it truly is THE best vacuum cleaner on the market and you should buy it.
>They did thorough research by asking the experts
Asking the salesmen. The sudden collapse wasn't predicted, but there were plenty of people speaking out about how the bubble won't last forever. You can't expect non-biased advice from someone whose job it is to sell you services, regardless of their education or background.

>>87800069
Description labels generally have to be true although they are held to a less strict standard. Banks however are expressedly forbidden from knowingly lying to sell products. It's why Goldman got such a heavy fine. They sold MBSs while they took out massive shorts against the housing markets, and internal emails showed they called the MBS pieces of shit securities.

>people knew
Except the whole market was overwhelmingly pro housing. There are always a few contrarians like shift but it was very pro housing.

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>>87787407
>it was fine until it gave me cognitive dissonance

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>>87793892
>If we had unfettered capitalism there would be no housing bubble.
Not the sharpest knife in the toaster huh

>>87787407
>it's 4 non-Jews starring in a movie about evil bankers, directed by a non-Jew

oy vey shut it the fuck down

>>87787407
These films are the pumpkin spice latte of social commentary, the 'capitalism is bad mmmkay' narrative is literally everywhere to the point where it's so saturated I can barely give it a shrug anymore.

>>87801668
Almost like it's "literally everywhere" because we're living in a dystopia or something

>>87801743
If we were truly living in a capitalist dystopia these movies wouldn't exist.

>>87801788
Or, we live in a dystopia that thrives because of agency capture and uses entertainment to control the people.


Nobody ever decides "hey you know I'd love to live in a dystopia." It's a gradual process. Tyranny of small decisions. 90% of the country didn't watch this movie. You don't need to ban or silence criticism, you just need to bury in a mountain of shit and either discredit or ignore it. Just let the false dilemma of 2 party politics run it's course. All the muh team tribalist retards will just reject it because it clashes with what their handlers tell them. You don't need to silence dissent when you can let your useful idiots drown it out.

We live in a dystopia. The fact that it's hard to see is the point. Reality isn't as convenient as an allegorical novel.

you guys are being really hard on investment banks itt maybe tone down the anti semitism

>>87802142
>The Big Short was buried
Sure thing bucko
>nominated for five Academy Awards, including Best Picture, Best Director, Best Supporting Actor for Bale, Best Film Editing and Best Adapted Screenplay, winning the last.
>grossed $133 million off a $50 million budget
>recieved excellent reviews all around
>stars big names such as Christian Bale, Steve Carell, Ryan Gosling and Brad Pitt
But keep pretending otherwise for your narrative.

>>87802318
>The Big Short was buried
Using greentext for something I didn't say. You know how I know you're not an intellectually honest person?
>But keep pretending otherwise for your narrative.
Keep calling reality a narrative. And you could have just said tldr you fucking retard.

>>87802318
>Just let the false dilemma of 2 party politics run it's course. All the muh team tribalist retards will just reject it because it clashes with what their handlers tell them. You don't need to silence dissent when you can let your useful idiots drown it out.
It's like you were trying to prove the point

>>87787407
CAPITALISM IS BAD

but the bankers dindu nuffin goy

m-maybe we should have let this wacky hip young bankers run the country, hm?

>>87791862
We've come full circle.
We are so fearful of the Jews and socialism that we have now sided with the banks and subsequently the Jews.

Fucking Christ.

>>87791862
>Yeah, siding with the bankers, the profession that people need the most to live
no
>and also despise the most
only in America. In places like Canada, which is has a much more thoroughly regulated banking system their bankers aren't really "despised" at all. They're even perceived as being intrinsically bound by ethics. You know why they aren't "despised" like they are in the US? BECAUSE THEY HAVE NEVER TANKED THE US AND GLOBAL ECONOMIES.
>they eventually take back what they deserve,
lol they "deserve" to exploit an under-regulated housing market and circlejerk tranche until the entire housing market explodes. THATS WHAT THEY DESERVE. THEY'RE A GOOD BOY. THEY WORK HARD. THEY DINDU NUFFIN.
>is being contrarian
It isn't. You're defending the status quo. You're defending fucking bankers.

>>87787407
>He didn't get the movie

Cinematically uninteresting
A long diatribe that simplifies a far more complex problem into "LOL STUPID GREEDY CAPITALISTS"
A film that couldn't decide between apocalyptic horror and sarcastic comedy

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>>87802614
Jews don't actually own any of the world's biggest banks though, you can look them up in order of revenue. This is where you backpedal and say "I-I-I just meant the chair of the fed actually!"

Anyway you've stumbled upon a good lesson in why hate-driven ideologies are always nonsensical and factually incorrect. You inevitably end up contradicting yourself in 50 different ways and your lies become a tangled web which the only way out of is to start calling everyone shills and collecting terabytes of poorly made .jpgs found in neo-nazi hug boxes.

>>87789927

The Repeal of Glass-Steagall in 1999 by the Clinton Administration.

Glass-Steagall was a Great Depression era bill that regulated the banking so that we'd wouldn't have a another financial catastrophe of that magnitude again. What happened 8-years latter... the Great Recession.

In a nutshell, Glass-Steagall prevented banks from becoming too big to fail by separating commercial and investment banks. So what you had pre-1999, were local/regional banks that gave out loans for business and mortgages to regular people. Then you had Wall Street type investment banks like Goldman Sachs that would handle underwriting IPO, mergers & acquisitions, leverage trades and buyouts, etc.

When Glass-Steagall got repealed, the very wealthy investment banks started buying out all the local/regional commercial banks and using their assets to leverage their investment schemes (such as CDOs which were packed mortgage debt assets from the commercial banks that were traded a products by investment banks). Since these commercial-investment bank hybrids were so massive and had so much of the US's assets (lots of people's homes on the books), they thought that if shit hit the fan, the government would just bail them out since it would mean the collapse of America as we know it: a moral hazard.

And they were right.

Alan Greenspan, Fed Reserve Chairman (1987-2006), heavily pushed for deregulation and got his wish under Clinton.

Here's the infamous clip of him admitting to the house oversight committee that his economic philosophy (neoliberalism) was flawed.
https://www.youtube.com/watch?v=gkLDdQ3HORo

>>87798834
The problem is they're lousy with parasites.

>>87788017
Rabbit meat is actually good though

>>87787961
>>87787407
Margin Call did it better
https://www.youtube.com/watch?v=2f2kGHcdJYU

>>87799027
>hold me to the terms to which I have agreed
When did I agree that banks should be allowed to create money?

There is literally no reason for a mortgage to have an interest. None. It's not like the money could be doing something else because the money didn't previously exist.

>>87793590
The problem with the movie actually is that it is so ham fisted, unfunny, anti-dramatic, and anti-cinematic while people like you with an iq of 101 pretend that you're somehow smart for being able to follow the simplest of plots

>>87804171
Eh, I liked it more because in the span of less than six hours, it managed to portray everything that must've gone through the bank's heads: confusion > sheer panic > everyone worrying about themselves > realizing they can escape bankruptcy but only by screwing over everyone else.

That said, Margin call doesn't explain anything:
>shoot of an Excel spreadsheet and a Blommberg monitor
>"wow that's bad"
>"yeah I know"

>>87804084
>The Repeal of Glass-Steagall in 1999 by the Clinton Administration.
By the Republican legislature that had a veto-proof majority. The Clinton administration signed it but it wasn't their policy.

Also the 2001 tax cuts were another major destabilizer. Flooded the market with all this fuckaround cash coming from the richest people in the country. Repealing Glass-Steagall created the game and cutting taxes flooded it with players.

>>87789927
The federal reserve even existing, for one

>>87789927
Agency capture.

>>87787407

They didn't even go into the Community Reinvestment Act of '71, so they only explain what happened and never the why.

>>87790222
*Swallows red pill*
Welcome to the real world

>>87787407
The fact that /tvpol/ hates this movie is proof that /tvpol/ is run by (((you know who))).

>>87787407

Technically not wrong, although a little simplistic. And yeah, most bankers are cuntish arrogant fucks, at least the investment ones are. I've never worked with your standard commercial ones but I'd wager that they're probably slight better.

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>>87804491
>takes medication

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>>87803850
yes jews have nothing to do with investment banking and anybody who claims so is a nazi

>thinking capitalism is a good system
lmao, nu/pol/ changed this website

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>>87804328
>Margin call doesn't explain anything
They have an entire scene dedicated to explaining it:
https://www.youtube.com/watch?v=366DExfdQWM

"We gotta keep these bad securities on our books longer than we would like to so we can construct these incredibly profitable CDOs, but we didn't pay attention and now the accumulated debt is worth more than the value of the entire company"

Seems pretty well explained to me. The Big Short makes a point of explaining every detail in as condescending as a way possible. I like both movies, but the writers of The Big Short love the smell of their own anuses.

>>87787407
Capitalism is fine.

Unchecked capitalism leads to shit like this.

This is why just screaming de-regulation is for absolute retards.

>>87804670
>nothing to do with
But gentiles have even more to do with investment banking. Why don't we meme about them? The richest people that benefitted the most from the global economic crisis were overwhlemingly WASPs.

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>>87804712
glad i'm not the only one stuck in 2008. come join the cause over on /leftypol/, my friend!

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>REEEEEEEEEEEEEEEEEEEE GREEDY JEWS RUIN EVERYTHING
>keep feeding me that corporate cock tho ;3c

>>87804917
Is the implication here that capitalism is only bad during financial crises? Read a fucking book.

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>>87788017
>americans

it's easy to spot you
it's one of the finest meat you pleb

>>87804981
>t. poorfag

>>87804735
>The Big Short makes a point of explaining every detail in as condescending as a way possible.
And people still came on /tv/ going duhr whats a CDO?
When you're talking about economics to the average person you can't dumb it down enough for them.

>>87804646
kek

>>87804983
rabbit and squirrel are widely consumed outside of the liberal exclusion zones of new york (city) and california

many liberals are also getting on the rabbit train, seeing it as semiexotic and the delicious meat it is, some even trying guinea pig, but squirrel is a bit much for them

dailymail.co.uk, wonder what the .uk means

>>87788107
Plenty of Wall Street allies blamed affordable housing and community lending policies. Two of Trump's advisors, Lawrence Kudlow and Stephen Moore, are still doing it.

>>87799646

https://www.youtube.com/watch?v=JfIKzReNDF4

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>>87790222
...an (((international clique))) you might say...

>>87805557
>rabbit and squirrel are widely consumed outside of the liberal exclusion zones of new york (city) and california
I live in Virginia. Nobody eats fucking squirrel you retard.

>>87805557
>>87806235
And if anything there's probably more rabbit being eaten in uppity restaurants in NYC or LA than the rest of the country put together. What the fuck are you talking about?

>>87788017
Rabbit meat is amazing but pet rabbits aren't bred for food so there could be some bacterial issues there.

Also tfw Venezuela is experiencing a Roger and Me.

>>87787407
more like regulatory incompetence desu

>>87805717
That isn't blaming poor people. It is blaming government policies.

>>87806600
No one wanted to stop the money train. Even if you tried two other people would pop up to take your place.

>>87806742
It literally is. One of the major talking points you'd hear in 2008 and 2009 coming from conservative and corporatist talking heads blamed poor people for accepting shitty adjustable rate mortgages and not knowing better. They shouldn't have taken the load if they wouldn't be able to make payments when the interest exploded.

>>87806600
>t. guy that actually paid attention to the fucking movie

everyone posting "captialism is bad" or "evil capitalism the movie" couldn't be any further from the truth. The banks were bailed out because they were the pillars of the 1st world economy and if they collapse, then everyone loses their money (including the billions of customers) and it would be as close to armageddon as it could get

>>87787407
Good goy, good goy.

Reminder that to understand economics all you have to know is how to add and substract. If it gets any more complicated you're being jewed

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>>87787407

>>87790222
No. The Federal reserve sets the interest rate at which commercial banks can borrow from them. Think of it as a vague interest rate baseline. Banks set everything else.

While the Fed totally fucked up by falling asleep at the wheel, there's a ton wrong with commercial banks.

Alternatively, Thank Bill Clinton for signing the Gramm-Leach-Bliley act.

>>87787407
The point is that bankers and investors are short-sighted, greedy and you shouldn't trust them blindly.

Saying "CAPITALISM IS BAD MMMKAY" is missing the point of the whole fucking movie. Capitalism is not the problem, the lack of regulations is.

>>87807321
Some people may have said that, but the statement : "Plenty of Wall Street allies blamed affordable housing and community lending policies. Two of Trump's advisors, Lawrence Kudlow and Stephen Moore, are still doing it." Literally talks about them blaming the policies, not the people.
Compare it to welfare, if you are opposed to welfare payments because you believe the government cannot afford it, you probably don't blame people for taking welfare because it is natural for people to respond to incentives. Rather, you are against the government policy itself, not the people who take advantage of it.

>>87806235
>NOVA faggot pretending not to be in a libfaggot zone
Retard
Tons of people eat squirrel on occasion in rural areas. It's not a staple of anyone's diet but it is not rare.

>>87807587
>this post
what's it like living out in the boonies, cleetus?

>>87788017
there's only one way to eat a brace of coneys

>>87804983
stupid fat hobbit he ruins it

>people attack capitalism even though it gave them everything from internet to food to comfortably living

the only people who hate capitalism are too lazy to get a job

>>87808615
If you say so.

>>87809008
Capitalism likes a labor surplus though. When supply far exceeds demand cost bottoms out.

>people who don't understand basic economic principles and policies (regardless of being right or left wing) don't understand a movie entirely about them

Nothing new under the sun.

>>87808615
>The only bots posting were proven to be Hillary DNC bots.
Actually VB.
>Retard
Projecting.
>Tons of people eat squirrel on occasion in rural areas.
How often do you eat squirrel?
> It's not a staple of anyone's diet but it is not rare.
It is absolutely rare. I've lived in West Virginia. I've lived in Montana. Outside of extreme fucking opiate junkies that can't afford food, nobody is eating goddamn squirrel.

You're full of shit. kys.

The government blew up the bubble.

The government encouraged loans to poor people.

The government created moral hazard with deposit insurance.

>DUDE THE BANKERS LMAO WE NEED MORE GOVERNMENT

Left wing people are an embarrassment.

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>>87808173
>Some people may have said that,
>>87809811
This is the messaging strategy I was talking about >>87807321
Bought and paid for by corporatists.
>Left wing people are an embarrassment.
You aren't right wing. You're a shill for corporations and corporatist policy.

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Holy shit, opey here, just logged back in since last night. Why do you take the bait, /tv/?

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>>87811429
>holy shit, opey here, noticed the thread was about to die so I'm pretending like I just logged in(?) to 4chan again to try and trigger more (you)s

>>87811429
>>87811636
all me btw.

>>87804084
That is a removal of government intervention, you fucking lunatic. By your logic, more government control of banks is good.

critics of capitalism are always unemployed leftists

really makes you think

>>87811636
It's called a 4chan pass, noob

I literally logged in

>he's on 4chan
>he's not evil and doesn't want to make big money and fuck people over

Explain yourself.

>>87788217
> they make money out of thin air
Are you retarded? Do you not realize that every time you open a bank account, they take that money and lend it out? Here's the basics of it
>Bank has a savings account that pays out 1% interest a month
>Bank charges someone 5% interest on a loan.
>the bank loans out the money that you deposit in to a savings account
>when the loan holder pays the interest. The bank pays the 1% to the saving account and pockets the 4% to pay for expenses and profit.
You have to be literally retarded to not know how banks work

>>87797165
going broke is your own damn fault
the bank selling your mortgage as high quality and thus making someone else pay for your mistake is theirs

>>87787407
Jews are bankers.
Bankers are evil.

Ergo, jews are evil.

>>87793590
It's stupid, why not just read a book on finance and the crash instead of pretending to be smart for understanding a movie that stars selena gomez?

so the ratings agencies knew all these mortgages were shit right
why didnt we hang these people?

>>87814034
Nah, the banks and ratings agency dindu nuffin according to this thread. It's the poor people taking up shitty loans that's the problem.

>>87793892
You are a fat idiot

>>87808819

PO TAY TOES

>>87813944
There are more gentile bankers in America than jewish bankers. There are overwhelmingly more gentile-owned and controlled investment firms and banks than jewish ones.

Ergo, gentiles are evil.