[Worldtraveler once upon a time]

--- "Been hearing this for a while. Until it actually happens, though, it’s all just doom and gloom."

And after it happens?

Markets go through cycles, boom and bust, bear and bull.

[dware]

You’re right. Will it happen, eventually? Most likely. BUT - in 2008, the feds had contingency plans that had contingency plans that never saw the light of day. Contingency plans to continue to prop up whatever could possibly be propped up. No doubt the feds are pushing this via horrible economic policy, but they keep getting right to the edge and then pulling back. Slow death. They know if it all goes at once, they are in trouble. Once the average American has nothing left to lose, all bets are off. They will go to the ends of the earth to keep that from happening.