SPAClash: the buzz and the bust

<p>Special-purpose acquisition companies offer a novel way for companies to list on stockmarkets. We look behind the buzz, and something of a recent <a href="https://www.economist.com/leaders/2021/04/24/making-sense-of-the-spac-spectacle?utm_campaign=the-intelligence&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">bust</a>, to discover why they are a useful innovation both for investors and markets. President Jair Bolsonaro <a href="https://www.economist.com/the-americas/2021/04/17/jair-bolsonaro-wants-every-brazilian-to-have-a-gun?utm_campaign=the-intelligence&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">wants</a> every Brazilian citizen to have a gun—especially his supporters. And a visit to the world’s largest magazine <a href="https://www.economist.com/prospero/2021/04/06/inside-hymag-the-worlds-largest-collection-of-magazines?utm_campaign=the-intelligence&amp;utm_medium=podcast&amp;utm_source=third-party-host&amp;utm_content=show-notes" rel="noopener noreferrer" target="_blank">archive</a>.</p><p>For full access to print, digital and audio editions of <em>The Economist</em>, subscribe here <a href="http://www.economist.com/intelligenceoffer" rel="noopener noreferrer" target="_blank">www.economist.com/intelligenceoffer</a></p> &#10;&nbsp;<br /><hr><p style='color: grey; font - size: 0.75em; '>See <a style='color: grey; ' target='_blank' rel='noopener noreferrer' href='https://acast.com/privacy'>acast.com/privacy</a> for privacy and opt-out information.</p>