The bestselling book and Hollywood film The Big Short explains the global financial crisis of 2007-08 from the viewpoint of a handful of industry insiders who foresaw the calamity years in advance.
What’s striking isn’t how farsighted they were in predicting the collapse of the house of cards that was the US sub-prime mortgage market, but how inevitable that collapse was.
The warning signs were clear that it was built on sand, but it was an inconvenient truth ignored by those thinking only about their own short-term gain.

Farmers Weekly – June 2022