Steve Carrell and Ryan Gosling were spotted at the premiere of "The Big Short" in New York City in 2015. Recently, a seemingly ordinary press release on a new payment method for food delivery sparked a frenzy on social media, particularly within financial circles. The talk centered around a speculative financial product dubbed the "burrito loan" that has the potential to disrupt Wall Street.
The buzz began when DoorDash announced a partnership with Buy Now, Pay Later service Klarna, enabling customers to split their meal delivery costs into four interest-free payments. Some users humorously envisioned taking several months to pay off a $15 burrito, while others delved deeper into the implications.
Business writer Trung Phan drew parallels to a scene from "The Big Short," likening the situation to the subprime mortgage crisis and collateralized debt obligations. He satirically described a scenario where loans were backed by different types of burritos, forming a complex network of synthetic Burrito CDOs.
References to "The Big Short" and the financial crisis it depicted extended to comparisons with other media, such as "The White Lotus." Notably, personal finance expert Dave Ramsey also became a subject of the meme frenzy.