Sam Bankman-Fried, Icarus and the Dark Lady of Osaka

"There is nothing new under the sun."

The speculative “everything bubble” of 2022 is unraveling fast and hard.

Bitcoin and other cryptos...

Meme stocks like Gamestop and AMC…

Disruptive technology stocks like Zoom and Tesla have all collapsed.

And they still have plenty more to fall.

To students of the history of speculation, the collapse is a familiar story arc.

And its eventual outcome is as pr…