We really need band-aids now, like in 2008. The problem is not the band-aid now, the problem is that we did not rip it off in the good times but instead spent all the money in irresponsible tax cuts for people that didn't need them.

No. We don't. We need more emphasis on value vs. growth. In what world is WeWork's valuation sustainable.

Also who the hell is downvoting me? LOL. If you downvote, please comment here so we can debate. I'm dying to see you defend the bull market case (even sideways to slightly up which would be best case scenario).

I kind of agree with what you said, but not at this time. We need focus on value, but after the corona situation has passed. Right now we need to focus on not letting the whole system collapse.

We don't need to merge two different ways for the financial system to collapse.

Alot of people think that CB's should always be on call to cover their bad bets… like a gunman threatening taking a hostage if they dont get the cash grab they expect…

To bad for them, there's collateral damage sometimes… only the strong will survive.

I generally try to take comments on their own merits, but I ruthlessly downvote comments that complain about being downvoted.

> Alot of people think that CB's should always be on call to cover their bad bets…

I think more people would probably hope that central banks don't make bad bets anyway.

You know when you hear about Japan being this futuristic society? You go and visit and you feel like they are "ahead" and have things figured out?

Their economy is what our economy is going to look like. A short-medium term down and then long drawn out sideways market. Who knows when a recovery will be.

Good time to refinance.

> You know when you hear about Japan being this futuristic society? You go and visit and you feel like they are "ahead" and have things figured out?

Was there for a couple weeks in dec '18… kyoto, fujisan, hiroshima, tokyo… I didn't think this at all unless the "ahead" was meant in jest

> Their economy is what our economy is going to look like. A short-medium term down and then long drawn out sideways market. Who knows when a recovery will be.

So people can look forward to a 30 year bear flag? lol

> Good time to refinance.

Yeah, if you aren't already underwater facing no bids when trying to get liquid.

> Was there for a couple weeks in dec '18… kyoto, fujisan, hiroshima, tokyo… I didn't think this at all unless the "ahead" was meant in jest

Tokyo is a hell of a lot more advanced than the bay area (where I grew up).

> So people can look forward to a 30 year bear flag? lol Facetiously, I don't know what you're talking about because you look like someone from /r/wsb, but I'll entertain your comment: the markets are highly manipulated and the fed is going to turn on the money machine to pump them up again.

It's all a bubble. Until you run out things to turn into bubbles.