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It has been a long time since I have posted on here, but putting the uncertainty about health risks aside for a minute, you always have to watch the credit markets as an indicator. Equity markets overreact, but the bond markets are far less emotional. First one to melt down would be commercial paper, I think. But if credit can't be rolled over we would be in big trouble in the financial markets.

The great depression wasn't really about stock prices diving in an epic fashion. Equity prices fluctuate depending on each day's sentiment. It was when the credit market freaked out and everyone went from wanting a return on their money to worrying about what they could get back put under their mattress where it was safe, that is what causes a depression.

Last time around was a pretty bad recession, but it seemed to bring out a lot of extra fear and crazy in people with talk about the government having lists to round people up into concentration camps for the inevitable civil unrest and other crazy and unfounded stuff.

Stay safe and use your head.
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