While “margin debt” provides the fuel to support the bullish speculation, it is also the accelerant for the reversal when it occurs...

Poster Comment:

See chart.

Translation. A Minsky moment is when investors (who bought on margin) have to sell the good stuff to pay for the bad stuff. The allegedly smart crowd is buying stocks on credit when the NYSE dips in price. Good News! They might sell some gold and silver to pay off their tanking Netflix and Tesla shares. Then we get more money printing, Hyperinflation and the end of the DC Swamp Creatures after a few intervening steps.