Debt Cycles and the Next Crash: What History Predicts Every major financial crash in history followed the same pattern. Debt expanded quietly. Risk was underestimated. Confidence replaced caution. And when the cycle turned, the damage was sudden. In this video, we explore how debt cycles shape financial history and why economic crashes are not random events. From the Great Depression and post-war credit expansion to the 2008 financial crisis and the modern era of central bank intervention, this documentary-style analysis explains how leverage builds, why it eventually breaks, and what history suggests about the next downturn. We examine how borrowing fuels growth in the early stages of a cycle, how speculation replaces productive investment, and why rising interest rates often expose hidden fragilities in the system. This video also explores the role of central banks, government intervention, inflation, and financial repression in delaying — but not eliminating — debt-driven crises. This is not a prediction of dates or numbers. It is an explanation of patterns. By understanding long-term debt cycles, you gain a clearer perspective on why markets repeatedly experience booms and busts, why crises seem inevitable, and why modern financial systems rely increasingly on intervention to survive. If you’re interested in financial history, market crashes, debt cycles, macroeconomics, and how past economic patterns shape the future, this video provides the historical framework most discussions overlook. 📚 Sources & Inspiration -Ray Dalio — Principles for Dealing with the Changing World Order -Charles Kindleberger — Manias, Panics, and Crashes -Federal Reserve historical data -International Monetary Fund (IMF) research This content is educational and not financial advice. 🔔 If you value history without illusions, consider subscribing.