[dev_dull]

I worry a lot less about a market correction then I do a political "correction" affecting the markets. We're so polarized. You can sense a desperation among those who took out an exceptionally high amount of student debt and have no realistic way of repaying it. Risk of medical bankruptcy is also extremely high. Among other things, these types of occurrences make people desperate, and desperate people are willing to try desperate solutions, such as radical wealth redistribution, or government/centrally planned economies (socialism), or ...? Ask yourself how 50% of the country might feel if we removed from power (either constitutionally or other means) our democratically elected president?

[asdfman123]

It's funny, I feel the exact same way as you (I just want our country to hold together) but due to my own biases I'm afraid of threats from the right.

I see social democracy as a necessary palliative that will prevent people from resorting to self-destructive populism. We've got to find some way to bring people back into the fold. I don't buy the idea that investing in our own people leads to authoritarianism.

[tempguy9999]

This is pure fear spreading. Why are you doing it - is the future really so terrifying?

[dev_dull]

What fear am I spreading? I think the market is more volatile that many people believe, but more importantly the source of that risk might stem from a source they might not expect.

[tempguy9999]

From this post, nebulous statements of dread

"You can sense a desperation"

"make people desperate, and desperate people are willing to try desperate solutions"

"such as radical wealth redistribution, or government/centrally planned economies (socialism) [already happened, no?] or ...?" (or = unstated fear)

"radical wealth redistribution, or government/centrally planned economies (socialism)" (oh noes, the horror!)

Your prior posts go the same way. Pretty good way of stirring up dread. Basic question then: what have you done about any of it? Or, what should we do about it, specifically?

" think the market is more volatile that many people believe" - I think anyone with half a brain is aware there's a crash coming. For real concern, a carrington event or global warning are likely much more dangerous. So do something.