David Tuckett - The Way Down: When Bubbles Pop

The transcript discusses the emotional and psychological aspects of financial market bubbles, highlighting the difficulty in predicting when a bubble will burst. It examines the 2007 financial crisis, the role of panic, and the self-fulfilling nature of market downturns. The discussion also covers the importance of learning from financial crises, the tendency to assign blame, and the impact of scapegoating. The transcript concludes with an analysis of corruption, using the Madoff case as an example, and emphasizes the need for thorough investigation and understanding of financial phenomena.

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