There are crashes and then there are Crashes. But what turns an
ordinary downturn into an era-defining crisis? What makes the
difference between an event like the Wall Street Crash of 1929 and
a brief bear market? The answer lies in financial exuberance:
speculative mania that appears to be making everyone rich, only to
end up making everyone much, much worse off. Historian and
professional investor Alasdair Nairn predicted both the dotcom and
subprime collapses, and in this compelling new book shares the
evidence that we are living through such a period of deadly excess
right now. Markets appear to be going up and up, but they have got
perilously ahead of themselves. Danger lies in every single
investable asset class. What some have called the 'Everything
Bubble' has inflated to unprecedented proportions. And now the
bubble is about to burst. Nairn lays bare the level of danger with
unprecedented detail and pieces together the steps that brought us
to the precipice. Lastly, he points out options open to those
willing to act now to avoid future harm to their wealth. As we near
the end of the Everything Bubble, don't be one of those caught out!
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