
The Ghost of 1929: Is the 2025 AI Bubble About to Burst?
With major indices at record highs and euphoria surrounding AI, investors are feeling the "Ghost of 1929". In this episode, we perform a forensic analysis of the market conditions in 2025 compared to the catastrophic crash of the late 1920s.
We discuss the two main drivers of the 1929 collapse—rampant speculation and credit expansion—and see if they match today's economy.
The skinny
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