Exactly. And you are right, it could easily get that bad that fast.
401Ks do not get cut by falling prices.
The wise never got into 401Ks, but their buying power will rise if prices fall.
The insanity of electric cars, and rolling hazardous waste called hybrids is in for a well deserved crash, but that is good for the stability of our power grid and the morality of our society.
Here in California, all of the public schools will end up having to close due to the foolish deals they cut with solar bushwackers, but that is good for families and especially the kids that will not have to suffer through homo-indoctrination, and Common core diseducation.
I see this all as a big win for sensible people.
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