housing blew up the global economy in 2008 and we learned nothing /

Published at 2016-01-29 09:06:08

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Watching The expansive Short gave me deja vu mistakes made in the US before the financial crash are being replicated in the UK housing marketFive years ago,whether you’d told me I’d spend a Sunday evening in a sold out Peckham cinema screening of a film about the US housing market starring Brad Pitt, I’d believe patted you on the back and suggested you cut down on the super-strength lager. But since its release in early 2016, and The expansive Short,based on the book by Michael Lewis, has pulled in the crowds to see a caper movie about the 2008 financial crash, or how the housing market blew up,first the US, and then the global economy. Continue reading...

Source: theguardian.com

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