This is not 1929 all over again.
3 min readMay 19, 2022
When this is what is seen in a single day, there is an obvious policy error being made.
No, the 2022 crash is likely going end resembling 2008 and 1994 combined. This is not as bad as it sounds, as 1994 saw a rising interest rate led market, first there were declines and just months later after bottoming out, global markets recovered. The 2008 crash was a two pronged crash relieved by excessive U.S…