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  1. M

    [Film] The Big Short - a fine telling of the financial crisis story

    I'm a little lost. Are you saying that I'm brushing over New Labour's management?
  2. M

    [Film] The Big Short - a fine telling of the financial crisis story

    On a related note, the best book I've read that explains the financial sector is Whoops! by John Lanchester. He has an amazing ability to explain complex things, and is currently on big tech -- it's worth tracking down what he's written in the LRB on such matters.
  3. M

    [Film] The Big Short - a fine telling of the financial crisis story

    I had no particular knowledge of how things would unravel, and what the precise machinations the financial sector were up to. I did read the odd stuff from Nouriel Roubini (sp?) pre-crash but didn't precisely follow the points he was making. I did follow what Vince Cable was saying, and...
  4. M

    [Film] The Big Short - a fine telling of the financial crisis story

    I wasn't aware of that particular figure (which will change over time anyway), but don't have a big problem with government debt, as the government has been in substantial debt for the last 250 years, and it has hardly meant the economy has flatlined over that period (despite this being a widely...
  5. M

    [Film] The Big Short - a fine telling of the financial crisis story

    I was complaining at the time. There were plenty of others too.
  6. M

    [Film] The Big Short - a fine telling of the financial crisis story

    Irrespective of cunning fergus' knowledge of such things, New Labour were just continuing a regulatory policy introduced by Thatcher and that Osborne didn't do anything substantial to amend thereafter (and you've been a vocal supporter of Osborne on here), and Hammond is too distracted by other...
  7. M

    [Film] The Big Short - a fine telling of the financial crisis story

    I saw it a while ago, and my memory is dire, but I really have no recollection of the Carell character presented as such. From memory again, it didn't exactly portray any of those within the industry as pleasant, something which you might find problematic.
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