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Fiscal Collapse Of 2008 Michael Lewis

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This movie is based off the book by Michael Lewis, and it is about the fiscal collapse of 2008. The film focuses on three groups of people that were crucial to finding that the recession was going to happen, and how they were able to profit from it.

In 2005, Michael Burry learns of the United States having an unstable housing market. This is due to the loans that are being given out that people are not paying back very much of. He projects that the housing market will collapse sometime in 2007. He decides to bet against the market, and creates a credit default swap. And his intention of profiting off of this news.

Another man, a trader named Jared Vennett, learns of Burry's plans and discovers that his predictions are true. Vennett decides
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