Step 4

Step 4 – Understanding Why the 21st Century Bubble Ended

Shows exactly what it was that occurred on Wall Street that caused the Homemania to end. Shows that the “Smart People”, as described in Michael Lewis’ The Big Short, in Gregory Zuckerman’s The Greatest Trade Ever, and in CNBC’s House of Cards did not figure out what was happening, but just had a different delusion than everyone else. It was in spite of their ignorance, and to some extent because of their ignorance, that they made a ton of money.