Why the Stock Market (and Crypto) Won't Go Up Forever

Full piece: https://kyla.substack.com/p/the-diver... Will the money that is generated by the meme cycle result in innovations that we never could have dreamed of? Or will there be a total collapse in faith because of the huge misalignment between expectations and calculated reality?  “Life is full of strange absurdities, which, strangely enough, do not even need to appear plausible, since they are true.” ― Luigi Pirandello  For as long as this absurdness can persist, I suppose. And perhaps none of it really needs to make sense at all.  00:00​​​​ - Intro 01:09 - Coin called gm 04:13 - Governance structures 06:03 - Scapegoats 07:25 - Curve Finance 08:11 - Rivian 09:03 - Spicy VC 11:29 - Divergence in Expectations 15:16 - Final Thoughts