Eisman of 'Big Short' Fame Sees a New Paradigm for Markets

The transcript discusses the potential for a paradigm shift depending on whether certain actions are taken. If actions remain unchanged, a significant shift is expected, but if reversed, a return to previous conditions is likely. The speaker highlights the uncertainty and potential violence of paradigm shifts, emphasizing that they take time and suggesting that we are currently experiencing one.

What does the speaker mean by 'very violent' in relation to paradigm shifts?

What is the current state of the market according to the speaker?