that caused this huge bubble and when the crash happened again a margin related cascading bolivia safin nightmare same thing in 2008 some prime crisis created this enormous leverage bubble once the started to come unglued another cascade of margin calls remember there's a movie called margin call there is a famous scene in trading places when the duke brothers are faced with a margin call you know this is the dreaded moment i remember in 1907 after the crash the margin clerk the guy who brings you the margin call to the broker who didn't have to call the customer to get the money who's little tray that he rolled around the office was stacked up you couldn't see the guy who was so high that catastrophic days margin calls were so you're saying that no time in history. has there ever been more margin leveraged a market then right now and partly because of that cause and effect that relationship between the wall street banks and the fed and the treasury because they're because the actors on wall street know that they're reckless behavior is going to force the fed and the treasury to print m