I had this chance to watch " The Big Short". If you did not watch the movie, it's about the 2008 financial crisis. Based on a true story and about some people who could see the disaster years before happening. They could earn a lot from collapsing the economy. Many lost their retirement benefits, houses, and investments. However, it is what it is, right? Who cares about us?! "Poor stay poor and rich get rich, that's how it goes", Leonard Cohen.
Let get back to our business. I recommend this movie if you have not watched before.
It shows how big banks and brokers ignored the fundamentals of the investment to earn more money in a short time.
Also, how people did not see after each rise there is a fall too. It's a fact in the economy, they call it Eliott waves or whatever.
Some characters of the movie were not happy to earn such kind of money, but they got it finally. It's all about the money and a broken system that people do not have an equal chance of getting rich.
Although the financial crisis did not happen intentionally, the current bitcoin collapse was a planned crisis for its investors. Bitcoin shrank to one-third of its value in a month, unbelievable! Some people did a bigggg short in Bitcoin market!
