Druskin highlights the fascinating yet troubling nature of speculative markets through his commentary on certain financial products that are fundamentally based on imaginary concepts. He points out that these so-called assets lack any intrinsic value, illustrating the disconnect between financial speculation and actual economic worth.
This observation reflects a critical theme in Michael Lewis's "The Big Short: Inside the Doomsday Machine," where the author explores the behavior of investors and the financial system that allows for the trading of illusory assets. The narrative underscores the risk and instability that such practices introduce into the economy, revealing the sometimes bizarre and detached nature of modern finance.