The Big Short

*The Big Short* is a film and book that explain how a few savvy investors predicted the 2008 financial crisis caused by the collapse of the housing bubble. They identified that many mortgage loans were risky and overvalued, and by betting against (shorting) these mortgage-backed securities, they profited massively when the market crashed. The story highlights systemic flaws in the financial industry, lack of regulation, and widespread greed, illustrating how misjudgments and complex financial products contributed to the worst economic downturn since the Great Depression.