Part 12/13:
More transparent markets and disclosures.
Caution in over-reliance on easy money and speculation.
Andrew emphasizes that recognizing these patterns, understanding the cause-effect relationships, and implementing smarter, more preemptive measures could help prevent the worst outcomes.
Final Thoughts: Learning from History
Concluding their discourse, both highlight the importance of translating lessons from history into actionable strategies. They suggest that by cataloging past bubbles, understanding the common ingredients, and acting early, policymakers and investors can avoid repeating mistakes.