For some reason, everyone always assumes the next downturn will look exactly like the last one. And then they’re always surprised when it’s caused by something completely different, so they assume this is the time everything will go to zero.
Maybe someday they will be right and this is the time everything collapses. Or maybe it won’t. But it is different every time. Either way, I hate that the US gov is intentionally crashing the market for stupid reasons. I can only hope it is temporary and people aren’t too badly hurt by this.
For some reason, everyone always assumes the next downturn will look exactly like the last one. And then they’re always surprised when it’s caused by something completely different, so they assume this is the time everything will go to zero.
Maybe someday they will be right and this is the time everything collapses. Or maybe it won’t. But it is different every time. Either way, I hate that the US gov is intentionally crashing the market for stupid reasons. I can only hope it is temporary and people aren’t too badly hurt by this.