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The Big Short - Is Something Brewing in China that is "Much Larger than Subprime"? - Synapse Trading
Last Saturday, I watched the movie “The Big Short”, which was an interesting documentary + comedy + drama about the crash of the US housing markets, which sparked the GFC (Global Financial Crisis) of 2007. The root cause of the crash was this product called CDOs (Collateralised Debt Obligations), which was basically bad debt repackaged …