“Incredibly, at this critical juncture in financial history, after which so much changed so quickly, the only constraint in the subprime mortgage market was a shortage of people willing to bet against it.”
Quote by Michael Lewis
Work
The Big Short: Inside the Doomsday Machine (movie tie-in)
Michael Lewis' 'The Big Short' delves into the intricate world of financial derivatives and the housing market, exploring how a group of outsiders foresaw the collapse of the financial system. The book provides an in-depth look at the risky practices and speculative investments that led to the 2008 financial crisis, offering readers a firsthand perspective on the events that shook the global economy. more
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