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Every bubble in history popped when margin debt hit 3% of GDP. (1929, 2000, 2008…)
Today it’s at 4.5%.
I’d say the fuel is already in the room.
Aug 8
at
3:41 PM
Every bubble in history popped when margin debt hit 3% of GDP. (1929, 2000, 2008…)
Today it’s at 4.5%.
I’d say the fuel is already in the room.