Thanks. Based on that, I don't think so. No election is coming up. The reason 2008 was so bad, was because Obama jawboned everyone that it was so bad, in order to scare the shit out of everyone enough to win an election. If he hadn't, it would have been like the dot com bubble bursting. Bad, but very short term.
Help me out OP, why is this important?
Ever Grande 122nd on Fortune Global 500 (worldwide rank by revenue).
Interesting to see if this will play out like an '08 style market crash.
Thanks. Based on that, I don't think so. No election is coming up. The reason 2008 was so bad, was because Obama jawboned everyone that it was so bad, in order to scare the shit out of everyone enough to win an election. If he hadn't, it would have been like the dot com bubble bursting. Bad, but very short term.
breh.... do us all a favor and watch the "big short."
report back to this thread... apologize profusely, and restate your opinion.
breh....you got one data point and I got another. Let's go back in time and see how many financial panics lead to long term recessions on depressions.