Full monetization in the casino (Interactive Brokers):
"By the end, the entire Ponzi scheme was held up solely by the flow of idiots throwing their life savings away on worthless IPOs. And the companies that were monetizing them..."
You don't have to "predict" what's going to happen, when it has already happened. Collapse isn't an "event', it's a multi-year process of liquidation in broad daylight, followed by 'Aw Fuck, Not this again!!!'