Economic Frenzies
For centuries, a lot of stories have been described as economies of wealth in terms of the dream of wealth. In cases like tulip bulbs, South Sea balloons, people have gone wild after things such as tulip bulbs or shares of South Sea companies that have been evaluated soon.
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Still, different products continue to be pursued by loading values that are much higher than the values they carry to different assets. The real estate bubble in the US, and the bitcoin craze that has been going on in recent years, is a sign of this madness.
Behind all these madness lies the urge to obtain, in fact, the ‘easy olan way that exists in human nature. Easy to get rich, easy way to be the title, easy way to weaken.
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What we mean by easy means is to obtain without effort, without struggle, without paying any price. That's why every year there are queues for the Christmas lottery. That's why millions of betting games such as horse racing and lotto are spent.
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