I’ve been fascinated with bubbles for as long as I can remember. As a child, I didn’t have the language for it, but I now understand I was watching ideas form. In hindsight, those delicate spheres reminded me of neurons, of somas pulsing with possibility. I loved seeing them grow, rise, and inevitably, pop. Later, I lived through the dot-com crash and the housing collapse, two macroeconomic bubbles that reshaped not just markets, but belief systems. And now, I sense something subtler emerging...

I’ve been fascinated with bubbles for as long as I can remember. As a child, I didn’t have the language for it, but I now understand I was watching ideas form. In hindsight, those delicate spheres reminded me of neurons, of somas pulsing with possibility. I loved seeing them grow, rise, and inevitably, pop. Later, I lived through the dot-com crash and the housing collapse, two macroeconomic bubbles that reshaped not just markets, but belief systems. And now, I sense something subtler emerging...