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The Spac bubble and bust is one for the history books
我们能从Spac的泡沫和破灭中学到什么?

Collective amnesia is a reminder of the risks of investments offering an illusory prospect of easy wealth
集体遗忘是对那些提供虚幻的轻松致富前景的投资风险的提醒。
The Spac bubble works in large part because it’s a confidence game. As actor Joe Mantegna says in the film ‘House of Games’: ‘It is a confidence game. Because you give me your confidence? No. Because I give you mine’
The writer is a former investment banker and author of ‘Power Failure: The Rise and Fall of an American Icon’
作者是一位前投资银行家,也是《权力的失败:一个美国标志的兴衰》的作者。
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