The 5 biggest stock market crashes in history have 'striking' similarities

Scott Nation, chief investment officer of NationsShares and author of "The History of the United States in Five Crashes" discusses lessons from history. Nations says the all of the modern-day crashes have some sort of a financial contraption and an external catalyst that often has nothing to do with the markets. He discusses some of the financial contraptions today that could pose a risk in the future.

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(Source: The Bottom Line with Henry Blodget)