You can’t really blame “Boonie”. The sheeple are programmed to buy the dips and to catch falling knives. Most people still think this downturn is part of a normal short-term business cycle — a financial speed bump. They have no clue what is actually happening in the economy. I would assume Boonie is in that group. If not, then he is maliciously fraudulent in trying to get people to lose their money.
I don’t believe the latter. I believe he is just programmed to buy dips and assume this is a normal downturn, and never having seen a downturn this steep and deep, he must believe we are at the bottom. Little does he know...
I agree. Folks need to be concerned about making contigency plans within their family if they haven't already done so. There will be plenty of time later for buying the scraps for profit.