WSMoreOrLess: Fact checking The Big Short
"Every one percent unemployment goes up, 40,000 people die" – this comes from the film The Big Short. Is this true? Plus: is the UK is the fifth largest economy in the world?
"Every one percent unemployment goes up, 40,000 people die, did you know that?" says Brad Pitt playing a former investment banker Ben Rickert, in the recent Oscar-winning film The Big Short. Although based on a true story, the filmmakers admit there is some creative license in some of the scenes. But is there any truth to this statistic? It turns out it’s a figure that has been around for many decades. We explore its origins.
The debate over whether the UK should leave the European Union is heating up ahead of the referendum this summer. Many politicians have said that the UK is the fifth largest economy in the world – is that a fair assessment? We look at the GDP figures.
(Image: Brad Pitt attends the premiere of "The Big Short" in New York 2015. Credit: Dimitrios Kambouris/Getty Images)