If there is a 50% correction in the US as a whole, then it will cause a financial meltdown. I don’t think the correction will turn out to be that deep, as an average. However, I do think it will be that bad here and in some other markets. It also seems possible if not probable that there will be resulting recession but not a depression. Bird flu could be the wild card factor. Think what would happen if bird flu strikes and causes major mortality and chaos.
Bugs, I’m also feeling more and more like a Roman. Excess is very rarely allowed to go unchecked.
