When’s the Next Shoe Going to Drop?
Real Vision: Finance & Investing
00:00
The Banking Sector Is Going to Continue to Unleash
Alan Greenspan saw Y2K coming up. He put in a fast amount of money, just in case the ATMs didn't work on January the 1st. It caused this fantastic blow off rally in the dot com market after which it peaked and then fell 80%. And so we get to 2008 and the great financial crisis. The risk is that you've got a generation of people who still don't understand the role of price discovery. They're doing what everybody else does. I have been on Reddit. Everybody's doing this. It's going to be great.
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