In "The Big Short," Michael Lewis explores the complexities of financial instruments like credit default swaps, particularly those associated with risky investments such as subprime mortgages. He raises an important question about how to convey the significance of these sophisticated financial products to everyday individuals who might not be aware of their implications in the financial crisis.

Lewis emphasizes the disconnect between high-level financial practices and the general public's understanding. By examining the intricacies of these financial products, he sheds light on the events leading up to the economic collapse, highlighting the need for transparency and education in finance to better protect innocent citizens from the repercussions of such intricate and hazardous financial dealings.