The financial industry must prioritize the wellbeing of society from "summary" of The Big Short by Michael Lewis
The financial industry plays a crucial role in shaping the overall wellbeing of society. It is not just about making profits but also about ensuring that the actions and decisions made in the financial sector have a positive impact on society as a whole. When the financial industry prioritizes the wellbeing of society, it can help prevent economic crises and protect individuals and communities from financial hardships. In "The Big Short," Michael Lewis highlights how the lack of prioritization of society's wellbeing in the financial industry can lead to devastating consequences. The greed and short-sightedness of some players in the industry contributed ...
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