Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
Anyone see that movie, Monty Python's Terry Jones directed and narrated? It's a historical lesson about financial bubbles, came out in 2015. Currently on Netflix.
All the factors that always preceded a bust seem to be happening now. Overvaluation, high optimism, very low VIX. Historically, people always said, no we're not in a bubble, it's just that everything is good. Then...BAM, market drops like a lead balloon.
I found it interesting and entertaining. The main theme is that the factors are always the same, yet people always ignore them saying 'this time it's different.'
Even talked about how regulations are always put into place to prevent the bust from happening in the future, but over time people forget history, deregulate, and the cycle continues. Sounds very familiar!
I was going to start a new thread about the next market crash and thoughts on when it's coming. I absolutely feel as though it will be this year. I know Buffet said we're not in a bubble but even he has made costly mistakes before.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
