Recession

Explore the roots of the 2008 housing bubble and the reckless lending that led to a global financial crisis. Discover how the American Dream met Wall Street's greed, resulting in widespread foreclosures. Uncover the aftermath, from government bailouts to the emotional toll on families. Learn about the parallels between then and today's housing affordability challenges and the ongoing financial sector transformations. This captivating journey reveals the intricate links between financial practices and societal impacts.

In this episode, we dive deep into one of the most significant economic events of the late 20th century - the Dot-Com Bubble. From its meteoric rise to its dramatic fall, we explore how the internet revolution transformed the investment landscape and eventually led to an unprecedented market crash.  Key Topics Covered:  The NASDAQ's incredible 800% rise from 1995-2000 and subsequent 78% crash How modern-day darlings like NVDIA and Microstrategy fared during the Dot-Com bubble  The idea that "this time it was different"  How the early internet era shaped technological optimism and investment behavior The role of the Federal Reserve in attempting to manage the overheating economy Parallels between historical tech booms and today's AI/crypto markets Impact of online trading platforms in democratizing stock market access The Warren Buffett indicator  Notable Statistics: NASDAQ peak: 5,048.62 (March 10, 2000) Duration of economic contraction: March 2000-November 2001 Website growth: 1 site in 1991 to over 2.4 million by 1998 Modern Parallels: AI and the idea that the economy will become totally different and more resilient because of a new technology MSTR: Microstrategy a key player during the dot-com era and today Crypto: Mania & hype around bitcoin and memecoins Current AI boom and cryptocurrency market growth Tech sector dominance in today's market valuations Retail investor participation through digital platforms

Send us a textIn this episode of the Recession Podcast, host Daniel Foch explores the pivotal economic event of the 20th century: The Great Depression. Key points covered include:Overview of the Great Depression's impact on society, politics, and daily lifeAnalysis of the causes, including the 1929 stock market crashHow radio shaped consumer sentiment The 9,000 bank failures that took place during the depressionThe role of credit and stock market speculation in the boom & bustWhat ha...