The Big Short (book and film)

"The Big Short" is both a book by Michael Lewis and a film directed by Adam McKay, focusing on the 2007-2008 financial crisis. They explore how a group of investors recognized the risks in the housing market, particularly subprime mortgages. Despite widespread denial, they bet against the housing bubble, anticipating its collapse. Their insight revealed systemic failures in the financial industry, leading to a significant economic downturn. The story highlights themes of greed, negligence, and the complexity of financial instruments, ultimately showcasing the consequences of unchecked risk-taking in the global economy.