Actually, I cheated a little with the 15% number, since that is over the last few months. But it all comes back to bad (criminal) mismanagement and greed. The bounce of the last two days will not last IMO, and looks eerily like the market of October 27, 1929.
After the crash in 1929- we weren’t in a depression overnight. Life went on normally for awhile. It’s not like a bomb where the effects are felt immediately. But once they kick in...watch out.