The market collapse

When I was so small I was practically transparent, my father first spoke to me about short selling.  It’s about how you take a bet, preferably with somebody else’s money, that a stock price is going to drop.  The first time pOp explained it to me I thought it was the stupidest thing I had ever heard, expecially since he was explaining it in the context of the 1929 stock market crash.

So this short film by Judd Bagley is a fair commitment of your time at almost half an hour, but I think it’s well done and it helped me understand just what triggered the first round of the collapse.  Mario, a former coworker, forwarded it to me.  Please note it’s Vimeo, which some people have trouble running.

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Born 1958. Not dead yet.

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