Author Michael Lewis joins Sam to celebrate the 15th anniversary of The Big Short and talk about if we’ve learned any lessons since its publication—like why we so often conflate wealth and wisdom. They discuss why they don’t think anyone would actually prefer to go back 30 or 60 years if they had the choice, why cutting interest rates mean house prices will go up, and why Michael wouldn’t bet against Bitcoin but Sam refuses to take most financial risks. They talk about the tragedy of the CPFB being gutted, why Americans treat the government like the enemy, and if there’s a Canadian “deep state.”
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