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The Implications of a Broken Platform
Ravi Agrawal: In the longest time, I was saying that when this market was going berserk, we are just borrowing returns on the future. There will come a time when you start turning up, you're not going to be able to do that,. So it's happening now. He says every time there is a lot of free money, whether it's by the government or because of growth, something very similar happens. The question is how well as an industry are we able to absorb the aftermath of that? he asks.