[catnipman]

In the past, the market collapses were preceded by wild swings over periods of weeks or days before the crash. But nothing every repeats the same. This time the wild swings will happen in a period of seconds or minutes, and within a couple of hours it will all be ashes. Fundamentally, the collapse will be a black swan event that is non-predictable and outsized by definition.

[Errant]

I don't know what will trigger the second and final phase of what's surely to be much worse economical and likely violent times ahead. Agree, nothing every repeats "exactly" the same. However all through history, you can see the same cycles repeated over, and over.

"Two things in the universe are infinite, human stupidity and space, and I'm not sure about space" - Einstein, last century.

Certainly it doesn't have to be repeated again. We have the knowledge and technology to break the cycle. Will we? Hell no...

We'll use the knowledge and technology to ensure "great tribulation, such as was not since the beginning of the world to this time, no, nor ever shall be" - Yeshua Messiah, 2000 years ago.