@QMS

very fragile, thin skinned
and filled with explosive gasses

Sounds like the body of William the Conqueror before burial in Normandy in 1087.

very fragile, thin skinned
and filled with explosive gasses

@The Wizard

Between efficiency and resilience. Guess which we have been promoting for the last 40 years?

An unsustainable market bubble of epic proportions, an unsustainable international pandemic environment, and an unsustainable international trade dependency all contributed to the 2020 market crash. These things have been all waiting to crash. That they are all deflating at the same time is perhaps bad luck, or bad planning. The physics analogy is that these bubbles were inflated really hard, creating a state of high potential energy. This is now being converted to kinetic energy as the ride off the cliff accelerates. The system analogy is that these deflations all accelerate from positive reinforcing feedback loops. Normally you might be able to engineer a recovery, since greed could be satisfied by buying low and then the market recovers. However in this case the two last unsustainables will not allow a recovery. We are headed to a pandemic and the global trade system will be hit really badly as we try to contain the pandemic. We have yet to come to the realization that global economics must be completely sacrificed if we want even a chance to contain the pandemic. We are still thinking in terms of balance, and haven't quite come to the realization that millions of lives are at stake. We will.

@karl pearson

If the American people make their own political choices in defiance of us, we will hit them where it hurts.

This article appeared on my msn newsfeed today. After the coronavirus, the 2020 election was the second reason for the stock market dropping.

Uncertainty about the U.S. presidential election’s outcome is also starting to drive markets, strategists and analysts argue. A number of them think that if Sen. Bernie Sanders, an independent from Vermont who characterizes himself as a democratic socialist, wins the Democratic presidential nomination, and possibly even the presidency, stocks would take a hit as he is perceived by some as an antibusiness candidate. “The risk to U.S. stocks is pretty significant if Bernie gets the nomination,” said Ed Moya, a senior market analyst with OANDA.

@QMS More like half pence

projected his fears by assuring
his followers that the market looked great
And six pence is keeping us safe

like bush telling any who would listen
after 9/11 to go shopping

or obomber handing the keys to the castle
to his wall street buddies

not sure the bs is gonna fly this time

@Azazello

Coincidentally, I was in NZ last week looking at black swans ( Cygnus atratus) in an Auckland Park. Time to dig up my copy of the I Ching I guess!

We all know it's coming.
The stock market has been wildly overvalued for some time now;
divorced from reality and propped up by free money from the Fed.
The banks are all insolvent too, the rot hidden by that same Fed money.
The whole "economy" is primed to go kablooey.
Will the virus be the random factor that starts the chain reaction ?