Growing distrust of institutions. General increase in postmodern philosophy, deconstructing concepts of inherent value. Stock market valuations increasingly dec

Growing distrust of institutions. General increase in postmodern philosophy, deconstructing concepts of inherent value. Stock market valuations increasingly decoupling from underlying business to the point that everyone realized we were just betting on abstract entities. Large portion of the population not earning enough for traditional investment vehicles to net returns that would meaningfully impact their lives, so instead going for YOLO meme investments for a marginally slim chance at completely changing their lives. I'm sure there're more reasons.