[anticrisis]

The whole circus is a mass delusion. I would really like to see some academic studies on the phenomenon.

[belter]

I give you the studies:

“In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule.”

― Friedrich Nietzsche

[jeffskiling]

Gustave Le Bon's The Crowd is pretty comic when things like this happen. Can find things straight out of the headlines but from 1895.