One of my all-time favorite headlines from The Onion was this gem from all the way back in 2008: Bubbles do seem to be in our DNA for some reason. We’ve had a handful of manias this century. The dot-com bubble popped in early 2000, which laid waste to the stock market (especially tech stocks). That led to the housing bubble of the mid-aughts1, which combined with a global credit orgy, led to the Great Financial Crisis. I’m comfortable calling the pandemic/meme stock boom of the early 2020s a mini-bubble situation. It didn’t lead to the stock market getting cut…