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Didn't you see the recovery after Black Monday of '87 or after the tech bubble? Sure these more recent drops have been much, much larger than in the past, but things are much different with all the technology and globalized economics these days. Capital flows are now much faster and in larger volumes. (Not to mention the plethora of different vehicles now available as well.)
And you have nations now turning to banking systems like Canada's to look for ways to make meaningful changes to prevent future disasters.
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Knowing that death is certain and that the time of death is uncertain, what's the most important thing?
—Bhikkhuni Pema Chödrön
Humankind cannot bear very much reality.
—From "Burnt Norton," Four Quartets (1936), T. S. Eliot
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