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Cpt. Charisma | 2 months ago (raw) | root | parent | reply | flag +2 
 Looks like that's exactly what's going on.  Bitcoin is getting hammered, too.  Lots of peole looking for liquidity.  Last time (2007) it took about a year to turn into a major financial crisis.  This time, things are already pretty shakey globally.  I smell emergency rate cuts comming.
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Benewing | 2 months ago (raw) | root | parent | reply | flag 
 I can’t. The JCB isn’t going to backpedal now and the Fed isn’t going to be worried about a 5% drop in the S&P, let alone the Nikkei
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Cpt. Charisma | 2 months ago (raw) | root | parent | reply | flag 
 No, but they will be worried when the knock on effects become apparent.  Banks are already insolvent.  The housing market is shakey.  Commercial realestate is a mess.  The government is spending like a drunen sailor.  War is looming in the middle east.  There are an alarming number of things that just need a little push to fall off a cliff.  It just takes one.