In 2021, a JPEG sold for $69.3 million. By 2022, the same market had collapsed by over 95%. The buyers weren't stupid — they were rational people responding to real signals in a broken system. This lesson reveals the psychology behind every bubble in history, and the three warning signs that appear before every crash.

📘 WHAT YOU'LL LEARN

• Why economic bubbles aren't caused by stupidity — collective belief creates temporary value that eventually destroys itself

• How the three stages of every bubble — Formation, Expansion, and Collapse — follow the same pattern from tulips to NFTs

• Why bubbles are more dangerous than fraud: when everyone acts rationally, there is no villain to identify

• The three warning signs that appear before every major market crash — and how to spot them in real time

📦 WHAT'S INCLUDED

• 14-page visual PDF covering the full bubble economics framework

• Three-stage bubble progression: Formation, Expansion, and Collapse

• Bubble vs. Fraud comparison — Ponzi Scheme vs. Economic Bubble

• Japan's Lost Decade case study

• Three Warning Signs framework with real-world examples

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