It’s just slightly different being an individual hypothesizing the worse case scenario vs having to act on your hypothesis on a grand scale that will affect everyone. Please tell, what would happen if it’s up to people on this forum running the FED. I hear people on here wanting to either keep rates the same or raising them to defend the dollar. Who here predicted a 85 year old IB going out at fire sale price? If the FED didn’t act the way they did, Bear might just be the first.
