Oh yeah, most retail investors in Greece investing between 1998 and 2012 will likely never get their money back. It caused generational PTSD and suspicion/hatred of the stock markets. That’s what legal insider trading and extremely aggressive marketing combined with FOMO does, you had literal goatherders chatting about stocks in mountain villages which barely had steady electricity, yet every coffee house had stock tickers floating above their heads.
I just came back from holiday there in fact, and can report that youngsters (15-20 years old) are constantly talking about trading and stuff they most likely don’t understand, as they’ve been taken in my incessant social media marketing. Personally I can’t tell if this is a bubble of Greek stocks or not, time will tell.
Other than that I agree with you!