The ‘Big Short’ – A Must See Film

Every so often an exceptional film comes out of the Hollywood dream factory, which rises above the usual dross of dumb and crude teen movies, all-action revenge films with attendant car chases or rom/coms, most of which are too stereotypical of their genre.

The ‘Big Short’ does something different. Instead of the director becoming side-tracked with too much character development and lengthy back-stories it presents the insanity of capitalism as the centre of the drama; a compelling set of arguments that dramatically examines the essence of the 2007/8 world-wide financial crash. The characters are certainly interesting in the unfolding narrative, but it is the insanity of free-market economics that holds our attention.

Director Andy McKay has adapted Michael Lewis’s non-fiction book ‘The Big Short: Inside the Doomsday Machine’. McKay has achieved the blackest of black comedies. Christian Bale gives a stunning performance as Michael Burry, who is obsessed with crunching numbers. He and Mark Baum, a hedge fund manager played by Steve Carell, become convinced of the imminent financial crash.

Burry realises that creating credit default swaps will allow him to ‘short’ the housing market. They understand numbers more than people. Their bosses and wider community of traders and assorted financial lowlifes are convinced of the infallibility of money markets. The crash proved that these very same people did not really understand what they were doing; they merely did as they were told, dealing in collaterized debt obligations (CDOs), without understanding the havoc this would cause.

The end of the film presents the audience with chilling information. It raises some interesting questions about capitalism, not least the fact that amidst crashes there will always be individuals who will make money. It is only we the audience who can provide the answers; if we don’t we are condemned to repeat the past.

The Workers’ Party Twitter Feed

Unbelievable rubbish from that moron #Biden. He "contrasted India's success with China's failure to handle the #COVID_19 pandemic while both the countries are of comparable size."
#India Cases: 43,140,068
Deaths: 524,490
#China Cases:223,488
Deaths:5,224
https://www.ndtv.com/world-news/joe-biden-lauds-pm-narendra-modi-covid-pandemic-response-hits-out-at-china-3003701

#USdisinformation tsar, Nina Jankowicz resigned as board ended after only a few weeks. She accuses critics of disinformation then she lied by suggesting that China or Iran would give false information to US citizens during a disaster, putting them at risk.
https://www.npr.org/2022/05/21/1100438703/dhs-disinformation-board-nina-jankowicz

Azov battalion surrender at the Azovstal steelworks; a symbolic defeat for Ukraine. US, UK & some EU governments still want to fight the war to the last Ukrainian; they continue warmongering and sending weaponry to Ukraine.
https://youtu.be/YSNhBbQtE5A

#Russia says it has no problem with #Sweden or #Finland, hence no problem with it joining #NATO. It will however monitor its deployment of troops and weaponry, and take action appropriate to the threats.
As in Britain it's up to the people to say #No2NATO.
https://youtu.be/doz4lfzAKNY

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