The whole market relies on consumer confidence and nothing else.
If the future is bleak, they won't have confidence, and cuts their spending, which reinforces the prophecy.
There's no way out of this loop except by massive government intervention. The great depression only ended because of WWII. Now, hopefully we don't go to war this time, maybe try going back to moon?
If the future is bleak, they won't have confidence, and cuts their spending, which reinforces the prophecy.
There's no way out of this loop except by massive government intervention. The great depression only ended because of WWII. Now, hopefully we don't go to war this time, maybe try going back to moon?