The Big Short (2015)
At the entrance to Aristotle’s Lyceum where intellectual discourses were in progress, a banner apparently read, 'Those who do not know geometry need not apply’! It only goes on to show how much mathematics was needed to grasp the finer aspects of human intellect. Intelligence and ability to articulate is of paramount importance to understand philosophy which in turn is the bedrock to comprehend the meaning of existence and purpose in life. On the whole, philosophers of the yesteryears, in unison agreed that our life on Earth is basically to appease the Agent Intellect. Some look at service to mankind as the way to reach divinity. In short, Mathematics were used to make life comfortable for everyone. And some things are pre-determined while others are malleable with free will.
Fast forward to 1990s. The world has only one master to feed, greed. They use mathematics and the knowledge of chance and probability to hoodwink the general public to fulfil their own bloated agenda of taking the money and running! The people in the system who are trusted to hold the fort to assure fair play is instead in the game and setting their rules as they go along. The invigilators are all sleeping on the job and are playing hokey-pokey with the people they are supposed to be looking over. When the bubble bursts, the affected parties are the general public who are clueless on the operations of monetary system but the only persuasive factor is greed and the desire to save for old age and loved ones. The bankers and the manipulators get away scot free and plot their next new conniving scheme.
This 2015 film tries to explain the events preceding and leading to the 1998 financial crisis. It shows the banking sector which operates rudderless under credit.
At the entrance to Aristotle’s Lyceum where intellectual discourses were in progress, a banner apparently read, 'Those who do not know geometry need not apply’! It only goes on to show how much mathematics was needed to grasp the finer aspects of human intellect. Intelligence and ability to articulate is of paramount importance to understand philosophy which in turn is the bedrock to comprehend the meaning of existence and purpose in life. On the whole, philosophers of the yesteryears, in unison agreed that our life on Earth is basically to appease the Agent Intellect. Some look at service to mankind as the way to reach divinity. In short, Mathematics were used to make life comfortable for everyone. And some things are pre-determined while others are malleable with free will.
Fast forward to 1990s. The world has only one master to feed, greed. They use mathematics and the knowledge of chance and probability to hoodwink the general public to fulfil their own bloated agenda of taking the money and running! The people in the system who are trusted to hold the fort to assure fair play is instead in the game and setting their rules as they go along. The invigilators are all sleeping on the job and are playing hokey-pokey with the people they are supposed to be looking over. When the bubble bursts, the affected parties are the general public who are clueless on the operations of monetary system but the only persuasive factor is greed and the desire to save for old age and loved ones. The bankers and the manipulators get away scot free and plot their next new conniving scheme.
This 2015 film tries to explain the events preceding and leading to the 1998 financial crisis. It shows the banking sector which operates rudderless under credit.
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