The Crash Is Coming… And Most People Don’t See It

This video breaks down the warning signs that often appear before a major market crash, using the forgotten crash of 1873 as a powerful example. Pulitzer Prize-winning author Liaquat Ahamed explains how past manias were built on confidence, speculation, expensive valuations, and too much money chasing the same idea. Today, many investors see similar risks in the AI boom, record-breaking tech valuations, and companies priced for future hope rather than present profits. The technology may be real, but history shows real innovation can still create dangerous bubbles when markets stop asking basic questions about value, earnings, and risk before collapsing.