4 ms·
The best indicator? "This time it's different." -1980's Leverage Buyout Craze (RJR Nabisco) coupled with junk bonds -Dotcom Bust -Day trading -Too much leve
by fallentimes 18y ago
The best indicator? "This time it's different."
-1980's Leverage Buyout Craze (RJR Nabisco) coupled with junk bonds
-Dotcom Bust
-Day trading
-Too much leverage (Long Term Capital Management and repeated today)
-Mortgage back securities
-People making 50k per year buying 500k homes