This is just like the late '90s, up to 9/11 when day trading was the rage. Now it's back in fashion, low-key.
I had never heard of /r/wallstreetbets or Robin Hood (well, barely) until a couple weeks ago.
I had never heard of /r/wallstreetbets or Robin Hood (well, barely) until a couple weeks ago.
There is an entire generation that has never traded through a crisis.
Given that most crises seem to occur roughly every 7-15 years, there will always be such a generation.
A hypothesis: the reason why crises occur roughly 7-15 years is because that is approximately the length of society's collective memory concerning monetary issues.