logoalt Hacker News

conductrtoday at 1:10 AM0 repliesview on HN

Yeah it does but we were coming off of the hottest economic decade in a long time, government surplus and all, my point is it’s more like Monopoly money than money people were using to buy groceries. Wall Street could have survived a bad quarter without a stimulus/bailout. Anyone with a portfolio/paying attention knew the stock market was due for a correction just not when or how severe.