1 00:00:01,360 --> 00:00:09,600 Speaker 1: Crash Course. Crash Course, Crash Course Course, emphasis on crash. 2 00:00:10,119 --> 00:00:13,640 Speaker 1: From Wall Street to Main Street and from Hollywood to Washington, 3 00:00:14,160 --> 00:00:20,000 Speaker 1: the news is filled with decisions, turning points, deals and collisions. 4 00:00:20,360 --> 00:00:24,280 Speaker 1: Investors saw this gusher of demand and seemed to assume 5 00:00:24,880 --> 00:00:28,160 Speaker 1: that it could go on for a lot longer than 6 00:00:28,440 --> 00:00:31,640 Speaker 1: it really was able to. There's a business element to 7 00:00:31,720 --> 00:00:33,319 Speaker 1: this too. They have to put up some kind of 8 00:00:33,360 --> 00:00:37,199 Speaker 1: guardrails if you will. I'm Tim O'Brien, the senior executive 9 00:00:37,280 --> 00:00:40,760 Speaker 1: editor for Bloomberg Opinion, and I'm your host for Crash Course, 10 00:00:41,200 --> 00:00:45,120 Speaker 1: a weekly podcast from Bloomberg and I Heart Radio. Every 11 00:00:45,120 --> 00:00:48,320 Speaker 1: week on Crash Course, all bring listeners directly into the 12 00:00:48,360 --> 00:00:52,839 Speaker 1: arenas where epic upheavals occur, and I'm going to explore 13 00:00:52,840 --> 00:00:56,840 Speaker 1: the lessons we can learn when creativity and ambition collide 14 00:00:56,840 --> 00:00:59,840 Speaker 1: with competition and power. Like that, if you make on 15 00:00:59,920 --> 00:01:02,080 Speaker 1: the steak, you have to atone for your mistake. You 16 00:01:02,080 --> 00:01:05,319 Speaker 1: should own up to your mistake. They had the entire 17 00:01:05,400 --> 00:01:08,760 Speaker 1: market and then they have just been losing it ever 18 00:01:08,840 --> 00:01:13,080 Speaker 1: since then. Each Tuesday, I'll talk to Bloomberg reporters around 19 00:01:13,120 --> 00:01:15,600 Speaker 1: the world, as well as experts and big names in 20 00:01:15,640 --> 00:01:20,520 Speaker 1: the news Together, we'll explore business, political, and social disruptions 21 00:01:20,959 --> 00:01:23,280 Speaker 1: and what we can learn from them. We can start 22 00:01:23,280 --> 00:01:25,720 Speaker 1: an etticular debate whether this is good or not, but 23 00:01:25,880 --> 00:01:29,600 Speaker 1: prohibition in disrespect will NOTEWOROK. That's the wild wild West 24 00:01:29,640 --> 00:01:33,720 Speaker 1: that we're still in. I'm Tim O'Brien, host of Crash Course, 25 00:01:34,120 --> 00:01:37,440 Speaker 1: a new weekly podcast from Bloomberg and I Heart Radio. 26 00:01:38,120 --> 00:01:40,720 Speaker 1: Listen to Crash Course every Tuesday on the I heart 27 00:01:40,840 --> 00:01:45,160 Speaker 1: Radio app, Apple Podcasts, or wherever you get your podcasts