[quote=svelte]
Every crash is unique and a once-in-a-lifetime event. But if you look back over the last 100 years, about every decade something has went south.

Oil prices in the 70s. Black Monday in 1987. Dot Com in 2000. Housing Bubble in 2008.

We are due a financial calamity.

It may not be in 2021 – shoveler may be right they may keep juicing this thing along for a year or two.

But the saying the bigger they are the harder they fall was made for a reason.[/quote]
Yes, every crash is different. Not every crash cause everything to crash. Oil prices in the 70s caused massive inflation and housing went up almost 10x.

We have never ever before talk about up to $10T in stimulus. I don’t think it’ll stop at $10T either. So, IMHO, we’ll probably see something along the line of late 70s again. If we can get $15/hr minimum wage, that’ll put a floor in and I’m seeing salary for engineers in San Diego going up high single digit to low double digits now compare to last year.