The 5 Stages Every Economic Crash Goes Through (It's Happening NOW)

You checked your portfolio this morning. Maybe it was fine. Maybe it was down a little. Either way, you closed the app and got on with your day, because markets go up and down and everyone knows that’s just how it works. Here’s what nobody told you. Every financial crash in recorded history, the tulips, the railroads, the dot-coms, 2008, every single one of them followed the same five stages. In the same order. With the same psychology driving each one. And the truly unsettling part isn’t that crashes keep happening. It’s that every single time, the people living through it were absolutely convinced that this time was different. That the rules had changed. That they were the generation smart enough to have finally figured it out. 🔔 FISCALLY CURIOUS New video every week to help you understand money. Subscribe so you never miss one:    / @fiscallycurious   📺 IN THIS VIDEO → Why every financial crash in history follows the same five stages in exactly the same order → The uncomfortable finding about hedge fund managers who knew the dot-com bubble was irrational and bought in anyway → The respected economist who declared stocks had reached a permanently high plateau — days before the 1929 collapse → The cruellest phase of every crash that brings in a fresh wave of buyers at exactly the wrong moment → Why crashes fall so much faster than bubbles rise and what the moment of maximum pessimism actually signals 📚 SOURCES — Hyman Minsky, economist — Foundational work on financial instability and the theory that stability itself is destabilising, largely ignored during his lifetime and widely cited after every major crash since. — Markus Brunnermeier, Princeton University and Stefan Nagel, Stanford University, Journal of Finance, 2003 — Research examining what sophisticated hedge funds actually did during the dot-com bubble and whether they avoided or participated in irrational price inflation. — Irving Fisher, Yale University, 1929 — Historical record of Fisher’s declaration that stocks had reached a permanently high plateau days before the 1929 market collapse that wiped out nearly 90% of its value. — Charles Kindleberger — Manias, Panics and Crashes. The definitive historical account of financial bubbles and the recurring psychological patterns that drive them across centuries. 📹 WATCH NEXT Why You Will Always Feel Broke    • Why You Will Always Feel Broke   💼 BUSINESS INQUIRIES [email protected] #financialcrash #behaviouraleconomics #moneypsychology #economics #fiscallycurious DISCLAIMER: Everything on this channel is for educational and entertainment purposes only. I’m not a financial advisor and nothing here should be taken as financial advice. Always do your own research and speak to a professional before making any financial decisions.