Nobel Laureate Spence: Market Has Mania, Valuation Problems

The video discusses Kindleberger's insights on economic crises, the role of social media in market volatility, potential regulations to address systemic risks, and the implications of a financial transactions tax. It highlights the need for harmonized regulations and the rapid evolution of digital finance.

What does the speaker suggest about the need for regulatory harmonization?

What are the implications of a financial transactions tax according to the discussion?

What is the potential impact of low interest rates on the private sector as discussed?