Explain the following, the most important point made by Lewis through the eyes of these financial “seers” is that for them to eventually profit, “Home prices didn’t even need to fall. They merely needed to stop rising at the unprecedented rates they had the previous few years for vast numbers of Americans to default on their home loans.”

The Big Short – Michael Lewis

Explain the following, the most important point made by Lewis through the eyes of these financial “seers” is that for them to eventually profit, “Home prices didn’t even need to fall. They merely needed to stop rising at the unprecedented rates they had the previous few years for vast numbers of Americans to default on their home loans.”

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