Re:Dow Falls 2997 points worst drop since 1987 crash
by dntbnmpls on Monday March 16, 2020 @08:11PM
(#22599849)
> Maybe, but why don't you think the markets will bounce back once we're on the other side of this?
Of course. Do you think people will stop working, going out, watching movies, buying cars, etc forever?
Every market decline, people think the world is going to end. But the world just keeps chugging along.
During the 2008 financial crisis, people were predicting the end of the world, bank runs, financial collapse, etc. The most recent ebola scare, people were talking about pandemic, every hospital being at capacity, death rate, triage and the end of the world.
In a few years, we'll do this all over again. The markets will be reinflated, the markets will decline, we'll have another crisis, the news will feed panic for ad money and people will go out of their minds. Then things will return to normal.
Of course. Do you think people will stop working, going out, watching movies, buying cars, etc forever?
Every market decline, people think the world is going to end. But the world just keeps chugging along.
During the 2008 financial crisis, people were predicting the end of the world, bank runs, financial collapse, etc. The most recent ebola scare, people were talking about pandemic, every hospital being at capacity, death rate, triage and the end of the world.
In a few years, we'll do this all over again. The markets will be reinflated, the markets will decline, we'll have another crisis, the news will feed panic for ad money and people will go out of their minds. Then things will return to normal.