00:00This story started two years ago, so let's rewind.
00:02We got a global pandemic.
00:04People were let go, and we were given the elixir of revival to boost the economy.
00:08We dropped interest rates to zero, and we began a two-year-long party where we partied a little bit too hard.
00:14Speculative tech stocks started to go into crazy valuations.
00:18Companies that weren't even making money yet had crazy stock values.
00:22NFTs that were extremely speculative were sold by the dozen.
00:26People were spending over a million dollars on pictures of a pet rock.
00:29Real estate went to over $400,000 for the average home, and crypto went to the moon.
00:35And now that we realize that this party can't go on forever, the buzz is starting to wear off,
00:40and now we're seeing who partied a little bit too hard.
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