But weirdly, and irrationally, bubbles pop anyway.
At long last, the moment you’ve been hoping for has arrived: you’re pitching your screenplay to a producer. Your agent is cautious but you’re confident nobody else has concocted a story as outlandish as yours. Your agent gives you the nod and you’re off and running:
Writer: Two guys start a cryptocurrency as a joke to parody the crypto craze, and they name it KittyCoin. It goes nowhere but then the greatest speculative bubble of all time takes off, it’s the dot-com and housing bubble times 100 but in everything, and within a couple months the entire economy is dependent on this bubble, and the bubble is dependent on KittyCoin, which has shot up 15,000 percent in a few weeks. A celebrity CEO who’s been promoting KittyCoin is invited to host a failing TV variety show, and now the whole economy depends on KittyCoin soaring even higher.
Producer: So it’s ‘The Big Short’ plus ‘Network’.
Writer: Something like that, only zanier.
Producer: I get the zaniness but it’s so implausible — it’s preposterous.
Writer: It’s an absurdist comedy.
Producer: But it ends with everyone being wiped out.
Writer: OK, a tragi-comedy.