Episode 10: Big Banks and the Big Short
Episode 11
57m | Nov 5, 2021Maddie asks Essence to define “big banks,” how banks contributed to the 2008 Recession, and some of the long-term effects of the Recession. Essence asks Maddie to talk about her favorite movie– The Big Short, and how movies about historical events can be useful for understanding difficult topics like the Recession.
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Episode’s resources and bonus material:
Big Banks
- https://www.theatlantic.com/business/archive/2015/06/black-recession-housing-race/396725/
- https://www.businessinsider.com/what-caused-the-great-recession
- https://sgp.fas.org/crs/misc/IN10853.pdf
- https://irle.berkeley.edu/files/2018/09/IRLE-What-Really-Caused-the-Great-Recession.pdf
- https://ftp.iza.org/dp4934.pdf
The Big Short:
- https://www.theguardian.com/film/2016/jan/27/the-big-short-financially-accurate-adam-mckay-subprime-money-bale-gosling-pitt
- https://www.thirdway.org/memo/your-cheat-sheet-for-the-big-short
- https://www.nytimes.com/2015/12/11/movies/review-in-the-big-short-economic-collapse-for-fun-and-profit.html
- https://www.vox.com/culture/2015/12/12/9947796/the-big-short-review-movie-ryan-gosling
- https://en.wikipedia.org/wiki/2008%E2%80%932011_Icelandic_financial_crisis
- https://www.bbc.com/news/business-35485876
- ttps://www.washingtonpost.com/news/wonk/wp/2015/06/17/the-miraculous-story-of-iceland/
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