This content was created by Capitalism.com. This content was uploaded by Capitalism.com. This is a YouTube video titled "The three trends to any cycle.. (Hint: We're in this one)" created on July 6, 2024, featuring Ryan Daniel Moran discussing economic cycles, specifically focusing on the bust period following Covid and its impact on asset prices.
Three trends to any cycle. There is the build period or the boom period where idiots get rich. Everything is new. People are entering the marketplace. Everything is growing. Then we have the consolidation period. And the consolidation period is where winners emerge and the winners start buying up the smaller fish. And then we have the bust. People are over leveraged. There's cracks in the armor. Companies are winning, are getting bloated, and as a result, they get less efficient and they bust. Can anyone guess what cycle we're in right now? We are in bust right now. We've actually been in bust for some time. Bust happened shortly after Covid. That's when it started. We just were drunk on Federal Reserve. There's no recession coming. We're in it. We're in an asset price recession. That means that we aren't going to have a huge productivity bust. We're in an asset price recession.
