It will never be as bad as that horrible 1987 that resulted in a disaster for our country. Because of that day, they have controls and will just close down the stock market if it gets too bad. They got smart after the idiots in charge in 1987 destroyed our country.
I remember clearly when that happened. Alan Sinai was on tv that night an he looked absolutely somber. He was in shock.
INVESTOPEDIA EXPLAINS 'Plunge Protection Team - PPT'
"Plunge Protection Team" was the nickname given to the Working Group by The Washington Post in 1997. The team was initially perceived by some to have been created solely to shore up the markets or even manipulate them. The team was created in response to the 1987 market crash.