Didier Sornette: How we can predict the next financial crisis

The video discusses the concept of economic growth during the Great Moderation and the subsequent Great Recession. It introduces the Dragon-Kings theory, which identifies extreme events as predictable and controllable, unlike the Black Swan theory. The video explains super-exponential growth and its risks, and applies the Dragon-Kings theory to various fields, including finance and biology. It also covers the Financial Bubble Experiment, which aims to predict financial bubbles and crises, emphasizing the need for sustainable economic practices.

How can the dragon-king theory be applied to fields outside of finance, such as biology?

Discuss the implications of quantitative easing in relation to the dragon-king theory.

What lessons can be learned from the historical bubbles discussed in the text?

What is the significance of the Financial Bubble Experiment mentioned in the text?