Sounds like a pretty good fucking plan.
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Their life savings will bounce back quickly. If a bunch of apes just became millionaires and are looking at SPY at $50 you bet your ass there will be a lot of buying.
I don’t know if we will get back to the levels we are at now, given that hedge funds and institutions are highly leveraged which has contributed to the overvalued stock market, but it will bounce back to reasonable levels fairly quickly.