Manias, Panics, and Crashes: A History of Financial Crises

Abstract

I can feel it coming, S.E.C. or not, a whole new round of disastrous speculation, with all the familiar stages in order-blue-chip boom, then a fad for secondary issues, then an over-the-counter play, then another garbage market in new issues, and finally the inevitable crash.I don't know when it will come, but I can feel it coming, and damn it, I don't know what to do about it.