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So I watched The Big Short per mr.x advice.
It kinda pisses me off. Not for the common reason that the bankers are assholes.
But,partially because it illustrates how society is set up. Shit on top of shit on top shit, so that one can never reach a responsible party, and can never prove anything to anyone that matters.
And partially because I feel me and mr.X did something similar to what the main character did (there was only one, (the rest were leeches,also true in gambling)) half a dozen times, and I'm trying to make thousands while these marginally talented pricks make billions :banghead:

Also I'm trying to understand reality from what probably is a highly fictionalized account.
I would guess that what really happened is the bankers started hedging their own bets, not necessarily gambling their very last penny. (I mean why would they?) A bunch of rude, pompous clowns who all had millions anyway and likely found a win win proposition.
 
banks are just tools of the bastards. bailouts or no bailouts or something else. There's an assumption made by regular(?) people that business wouldn't want to do shit that may lead to its demise.
doesn't seem to be true. I don't know if it much matters what fails, the personalities will move on to another thing they can abuse and destroy. It seems to be part of the rich bastard overall parasitic strategy. So I'm a little sceptical about the notion these guys shorting were really risking it all. Obviously it wouldn't make for much of dramatic story if they weren't.

Also, what's the deal now? Seems that housing is through the roof again. I'm sure all the same fucks are making a fortune again. You really have to feel like a fool in this country working for a living, with all these goober millionaires running around, don't ya?:sparesomecutter:
 
Anybody watch Vinyl?

Not sure about it. Seems simultaneously dense and unfocused. Might be trying too hard to push its isn't-music-neat? agenda at the expense of having a story. Reminiscent of what didn't work for me about Treme.

And then the one actual viable story-line was just kinda, really? We're doing that?

So I don't know if they were showing off a bunch of stunts and omygawd-see-how-much-we-really-like-music with the premier and it will settle into something more followable. Or wut.

We'll see.
 
reno cool
banks are just tools of the bastards. bailouts or no bailouts or something else. There's an assumption made by regular(?) people that business wouldn't want to do shit that may lead to its demise.
doesn't seem to be true. I don't know if it much matters what fails, the personalities will move on to another thing they can abuse and destroy. It seems to be part of the rich bastard overall parasitic strategy. So I'm a little sceptical about the notion these guys shorting were really risking it all. Obviously it wouldn't make for much of dramatic story if they weren't.

Also, what's the deal now? Seems that housing is through the roof again. I'm sure all the same fucks are making a fortune again. You really have to feel like a fool in this country working for a living, with all these goober millionaires running around, don't ya?:sparesomecutter:
Click to expand...

There were plenty of shorts out there that went bust. Timing that collapse is nearly impossible. You may know it's coming but you go broke shorting it on the way up. So, it was a pretty big risk. The people in the movie got lucky. The obviously didn't show the others who were much less fortunate.

I honestly don't know how people show up to the same boring job day after day to look at the excesses that so few are making off of their hard work. There are a few people who know how to compensate their employees, but it's hard to compete with the big boys who refuse (as well as use tax inversions, tax subsidies, slave wage laborers in emerging markets, etc.). The playing field needs leveling.
 
Movie seems to indicate that it was cutting edge thinking from a wild genus that discovered the bubble.
Maybe I misunderstood that. You're saying the belief that the thing was gonna collapse was fairly widespread and there was a ton of people trying to time it?
 
Not a ton. But quite a few. If you look at the Case-Shiller graph of home prices, there was a clear exponential rise in home prices (i.e. a bubble).

Case-Shiller_index.png
 
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