Yeah. This is going to be bad. This retraction is driven by the stark drop-off in consumer sentiment. Intelligent billionaires like Buffet, etc., take that into consideration. You know, all that big-brained macroeconomy thing, like IS-LM curves. Grown-up stuff of real economists.
Too-cool-for-school sociopathic Pepe avatar tech dudebros don't know how the actual economy works, and worse, don't care.
How has nobody priced in the cost of all this mayhem before now?