They were in 2001 and then again in 2008, and then a lot of then got cleared in a big crypto bust…
It doesn’t seem to take too long for them to be back in the saddle. A key ingredient is they get to play with other people’s retirement money, and when things get too scary and they might actually be bankrupt, the government floods them with money to keep them happy.
As long as there are investors with more money than brains there will be bubbles
A lot of those investors are going to be cleaned out with this bubble burst.
They were in 2001 and then again in 2008, and then a lot of then got cleared in a big crypto bust…
It doesn’t seem to take too long for them to be back in the saddle. A key ingredient is they get to play with other people’s retirement money, and when things get too scary and they might actually be bankrupt, the government floods them with money to keep them happy.
The bubble profiteers have children they leave their fortunes to. They, in-turn, want to hit it big. The grift continues.
Bet