COLLATERALIZED BURRITO OBLIGATIONS

TITLE: COLLATERALIZED BURRITO OBLIGATIONS

ACT ONE – The Seed of a Disaster

OPENING SCENE:
A montage of people ordering extravagant takeout meals on Klarna-style “Buy Now, Pay Later” (BNPL) plans. Smiling influencers post their gourmet fast food orders with hashtags like #BurritoNowPayLater and #GuiltFreeGrub.

CUT TO: NATE WILSON (40s), a cynical hedge fund manager, sitting in a sleek New York office. He narrates directly to the camera:

NATE (V.O.)
"Let me tell you how the world ended up drowning in burrito debt."

Through fast-cut explainer-style sequences (think Margot Robbie in a bathtub), we see how DoorDash and Klarna partnered to let people split their food bills into four easy payments, convincing customers they weren’t really spending money.

SMASH CUT:
A college student, JASON, orders a $25 burrito meal.

Klarna Rep (cheerful, to camera):
"Why pay $25 today when you can pay just $6.25 four times? It’s basically free!"

JASON clicks “Pay Later.”

MATCH CUT TO:
A Wall Street banker bundling these food debts into a “Collateralized Burrito Obligation” (CBO)—slicing them into tranches labeled "Prime," "Mid-tier," and "Junk."

BANKER (TO CAMERA):
"We took thousands of tiny food debts, packaged them into one, and sold them to pension funds. Genius, right?"

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ACT TWO – The Bubble Inflates

Burrito debt explodes.

• People max out BNPL for food. (A girl uses Klarna for a Chili’s appetizer.)

• Investors pile into CBOs. (A fund manager calls it “a once-in-a-lifetime asset class.”)

• AI-driven trading bets on endless food spending.

Meanwhile, LIZ CARTER (30s), a skeptical financial analyst, starts digging. She notices increasing delinquency rates on tiny food debts—people are defaulting on $9 Chipotle payments.

LIZ TO HER BOSS:
"People are going into collections over tacos. This isn’t normal."

Boss shrugs. "It’s only food. People always eat."

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ACT THREE – The Crash

THE TURNING POINT:
Inflation spikes. People realize they’ve racked up hundreds in unpaid burrito debt. Klarna tightens lending. Suddenly, everyone stops ordering.

SMASH CUT TO:
A hedge fund manager staring at a screen. CBO prices are tanking.

HEDGE FUND GUY:
"Wait... you're telling me these 'AAA-rated' food debts are worthless?"

MONTAGE:

• DoorDash stock nosedives.

• Investors panic.

• People riot outside Chipotle when “Pay Later” stops working.

Liz and Nate place big short bets against CBOs just in time. Meanwhile, Klarna execs cash out their bonuses and disappear.

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ACT FOUR – The Fallout

• The government bails out DoorDash and Klarna.

• A Senate hearing happens. Execs shrug: “No one saw this coming.”

• Nate and Liz make millions from their short bets but feel empty.

CLOSING SCENE:
Nate sits in a taco joint, eating alone. He looks at the camera:

NATE:
"This will happen again. Just wait until they start financing pizza."

ROLL CREDITS over news clips teasing the next bubble: “Domino’s partners with Afterpay.”

FADE OUT.