MOVIE "THE BIG SHORT" COMPLICATED BUT GREAT!

      Earlier this week I watched the movie "The Big Short" that I rented from our local library. I had heard good things about it and it was fantastic. If you like strong male stars this is for you. It stars Christian Bale, Steve  Carell, Ryan Gosling, and Brad Pitt. 

       To keep a complicated premise simple it is about the housing collapse around 2005-2007 and how originally one eccentric Hedge Fund Manager on Wall Street believes that the housing market will soon bust. Nobody, of course, at first believes him. He devises a way to basically "bet" money that it will collapse and puts up millions of dollars while others believe that it won't. 

        A lot of the the financial jargon, for most people, will not be understood along with yours truly. Just think of all Wall Street or stock market activity as one person thinking something will go up and somebody is thinking the opposite just like all stock market activity. It carries a lot of intrigue throughout the movie and is based on a true story.   Selling short, thus the term "The Big Short" is when someone places an "order" and  that person believes it will decrease or go down. 

        It is fascinating to have lived through that time and knowing that the big banks committed fraud and a lot of them collapsed and yet our government baled them out. And, these fraudulent shenanigans by big Wall Street Banks continues today! Nothing really changed!