Scene 6: John’s heavy short against Sebvis has failed terribly and he has brought Spring Tree capital to the point of ruin and maybe the ruin of his marriage. He is wracked with self-loathing and remembers his docker father taunting him as a kid for daring to try a career in finance with ‘the bankers and the toffs’.
Failure
-
‘The one percent’ is a phrase that refers to the international growth of the super-rich since the 1970s and the increasing concentration of wealth in a tiny proportion of the global population. A quick Google finds many websites and articles examining this phenomena eg a Sept 2022 Credit Suisse report noted that the top 1%’s share of total global wealth continued to rise yearly and had reached 45.6% in 2021. ‘The one percent’ is also a phrase associated with the Occupy Wall Street movement, whose intellectual leader was the highly influential economic anthropologist and sociologist Dave Graeber.
