John Kenneth Galbraith says in his book The Great Crash 1929 that most knew it was heading for a fall, but everyone assumed they could get out before losing their money. Turns out the order system was over-whelmed so they couldn't get out.
Maybe in these times it will be a flash crash that catches everyone off guard. A flash crash that doesn't rebound like the one in 2010
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John Kenneth Galbraith says in his book The Great Crash 1929 that most knew it was heading for a fall, but everyone assumed they could get out before losing their money. Turns out the order system was over-whelmed so they couldn't get out.
Maybe in these times it will be a flash crash that catches everyone off guard. A flash crash that doesn't rebound like the one in 2010
https://en.wikipedia.org/wiki/2010_flash_crash