Question

Did the movie "Too Big to Fail" adequately explain the financial crisis of 2008?

Were any important factors left out of the movie?

Why is it important for the average American to understand the causes of the financial crisis of 2008?

Answer 1

No, the movie did not adequately explain the crisis for one strong reason. It is the fact that the movie portrayed only the key players who are responsible during the crisis and focussed on only few triggered events on the crisis. It harldy explained what actually led to the crisis and apart from that it mostly focussed on few fictious events that took place. As mentioned above, the factors that are responsible for the crisis and the after effects were the main things that are responsible for the crisis. US is associated with Canada in many ways such as indulging with unions like NAFTA etc where the trade norms were liberalised and with the Canadian crisis and existing norms, it can directly hit the economy of the United States which is the reason why one has to get detailed about the crisis of 2008.