From tulips and scrips to bitcoin and meme stocks – how the act of speculating became a financial mania
In the late 1990s, America experienced a dot-com mania. In the 2000s, the housing market went wild. Today, there are manias in everything from bitcoin and nonfungible tokens to SPACs and meme stocks – obscure corners of the market that are getting increased attention. Whether these are the next bubbles to burst remains to be seen.