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appalachiablue

(41,231 posts) Sat May 16, 2020, 09:12 PM May 2020

"Every 1% Unemployment Goes Up, 40,000 Die"... 'The Big Short' [View all]

'The Big Short' (2015). In 2006-2007 a group of investors bet against the US mortgage market. In their research they discover how flawed and corrupt the market is. Christian Bale, Brad Pitt, Steve Carell.

https://www.imdb.com/title/tt1596363/

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"Every 1% Unemployment Goes Up, 40,000 Die"... 'The Big Short' [View all] appalachiablue May 2020 OP

We are heading for the next, only worse. 2008 was about residential mortgage-backed securities. alwaysinasnit May 2020 #1

Yes & we've been in the dangerous 2nd Gilded Age for 30+ yrs appalachiablue May 2020 #2

if Glass-Steagall didn't happen in Obama's two terms it will never happen alone with two bonniebgood May 2020 #3

This is 100% false. People actually live longer during economic downturns Quixote1818 May 2020 #4