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Steve Eisman Shares the Real Story Behind Predicting the 2008 Crash

The Real Eisman Playbook

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Subprime Shadows: The Road to 2008

This chapter examines the evolution of subprime mortgage lending that contributed to the 2008 financial crisis, showcasing the shift from strict to lenient underwriting practices. Through personal anecdotes and statistical insights, it highlights the disconnect between the financial industry's recklessness and the everyday experiences of individuals. The narrative explores the speaker's early warnings about the impending collapse and the resultant chaos, revealing both personal frustration and reflections on the broader implications for society.

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