TVC:DJI   Indeks Purata Industri Dow Jones
The anatomy of these two bodies are identical. The murderer the same.
The "plateau" that was shaped in 2004-2006, is identical to 2018-2020
The chopped off head exactly the same.

Traders in 2008 had no clue (?) what would happen. (I doubt it, many knew very well what was happening)
Now that we have a direct counterpart, and a not so distant one, comes the question. Can we make it?
Was the 2008 crash a phenomenon of bad crisis management, or was it caused by a deeply rooted problem that rendered the crash inevitable?

A housing bubble then, a housing bubble now. Companies going bankrupt, and there are lots of them. And big companies close shops, change country of business etc.

Tread lightly, for this is hallowed ground.
-Father Grigori
Penafian

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