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<p>[QUOTE=&quot;fatima, post: 1297952, member: 22143&quot;]This is a associative logical fallacy.&nbsp; The events of 1980 have nothing to do with the events of 2011.&nbsp; The market was behaving as designed in those days when interest rates were raised to 16%+ in order to cool off spending and debt growth.&nbsp; It injected the necessary throttles to allow the economy to correct itself.&nbsp; The government and federal reserve were not doing everything they could to protect the TBTF banks because they didn&#039;t exist.&nbsp; </p><p><br /></p><p>Nothing like this is happening now.&nbsp; The production economy we had in 1980 doesn&#039;t exist now, and there is deliberate action by the government and federal reserve to keep the credit bubble inflated. (0% interest &amp; constant give aways for people to indebt themselves)&nbsp;&nbsp; If they did what should happen to fix the US economy for the good of the people they would raise interest rates, put up trade barriers, reinstate Glass Stegall.&nbsp;&nbsp; Of course they won&#039;t do this.&nbsp;&nbsp; It will kill off the very thing you mention about fortunes being made by this economic destruction.&nbsp; This is why they are called the 1%.&nbsp; &nbsp;&nbsp; </p><p><br /></p><p>It&#039;s not a question on whether the market can drop more.&nbsp;&nbsp; The market has already crashed.&nbsp; What we have now doesn&#039;t reflect the economic reality of the USA and it&#039;s being papered over by corruption and scams.&nbsp;&nbsp; The collapse of MF Global just this past week is example enough of that.&nbsp; People who ignore all of this, ignore that necessary regulation of the finance industry isn&#039;t taking place, ignore the collapse of the Eurozone because of the same sort of thing, and instead look back at unrelated events in decades past, are fooling themselves.&nbsp;&nbsp; </p><p>Exactly my point.&nbsp;&nbsp; We will never see Dow 100,000.&nbsp; The results of the real economy in the USA speak for themselves.&nbsp; Record numbers of people on foods stamps and 1 out of 15 living at poverty levels.&nbsp;&nbsp; It&#039;s unprecedented and if the powers to be don&#039;t fix it, the people will do it for them.[/QUOTE]</p><p><br /></p>

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