Serious Trades or Fun and Games?
Lecture no. 14 from the course: Crashes and Crises: Lessons from a History of Financial Disasters
Taught by Professor Connel Fullenkamp | 09 min | Categories: The Great Courses Plus Online Economics & Finance Courses
While bubbles can cause financial devastation, they can also pay off in big ways, which further attracts a lot of people to trade. It appears there is hardly any downside, and you might make some money on the deal. Professor Fullenkamp demonstrates how just like at a casino, once the money gets serious, it's not all fun and games.