Richard Vague, managing partner at Gabriel Investments, joins Joe Walker of The Jolly Swagman Podcast to dissect historical financial crises to identify their common patterns, precursors, and outcomes. Vague analyzes everything from land bubbles prior to the Great Depression, to the central bank interventions during Japan’s “Lost Decade.” Vague and Walker then establish a framework for analyzing and interpreting financial crises, which they attempt to apply to the current economic environment. This interview features charts from Vague’s book, “A Brief History of Doom: Two Hundred Years of Financial Crises.” Filmed on October 7, 2020.