1
00:00:01,360 --> 00:00:09,600
Speaker 1: Crash Course, Crash Course, Crash Course, Crash Crash, 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
00:00:14,200 --> 00:00:20,000
Speaker 1: the news is filled with decisions, turning points, deals and collisions.

4
00:00:20,400 --> 00:00:24,280
Speaker 1: Investors saw this gusher of demand and seemed to assume

5
00:00:24,920 --> 00:00:28,160
Speaker 1: that it could go on for a lot longer than

6
00:00:28,480 --> 00:00:31,680
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
00:00:45,159 --> 00:00:48,360
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
00:00:56,880 --> 00:00:59,920
Speaker 1: with competition and power like that, if you make them

15
00:01:00,000 --> 00:01:02,080
Speaker 1: a stake, 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
00:01:05,440 --> 00:01:08,759
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
00:01:21,000 --> 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 articular debate whether this is good or not, but

23
00:01:25,880 --> 00:01:29,600
Speaker 1: prohibition in disrespect will notework. That's the wild wild West

24
00:01:29,680 --> 00:01:34,039
Speaker 1: that we're still in. I'm Tim O'Brien post of Crash Course,

25
00:01:34,400 --> 00:01:37,720
Speaker 1: a new weekly podcast from Bloomberg and I Heart Radio.

26
00:01:38,840 --> 00:01:42,240
Speaker 1: Listen to Crash Course every Tuesday starting January ten on

27
00:01:42,280 --> 00:01:46,200
Speaker 1: the I heart Radio app, Apple Podcasts, or wherever you

28
00:01:46,280 --> 00:01:47,360
Speaker 1: get your podcasts.