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-How successfully did the movie Big Short depict the 2008 crisis? Give examples

-How successfully did the movie Big Short depict the 2008 crisis? Give examples
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Answer #1

The Big Short movie which is actually directed by Adam McKay got to depict the 2008 crisis really well and this is because of the fact that the directed used different plots which actually converge at the same point that is 2008 crisis.

For instance, he actually used a character named Miachel Burry who is indeed an eccentric fund manager who got to anticipate that the market for the housing in the United States is unstable because of the fact that there are highly risky subprime loans where he insisted a credit default swap otion to gain profits against the mortgage backed securities where he perfectly anticipated the fall of market in 2007 second quarter. This indeed allowed him to make a profit of over $2.6 billion dollars. On the other side, he used a character named vennett to show how he gained a lot of commissions by selling those swaps and how accurately he understood Burry's analysis. Since mostly the film focussed on how the housing bubble. Post the crisis, he also showed how they were affected and what was the scenario in the United States.

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