Hypothetically, if the S&P 500 and other major indices fell to roughly 2008 levels, would this cause significant negative effects felt throughout the economy (layoffs, cost cutting, etc.)? What would probably happen within a few weeks or quarters?
There's talk about how current economic numbers are not concerning, and no recession is on the horizon. Ultimately though, wouldn't a stock market collapse cause the broader economy to fall into a recession or depression within a relatively short period of time?
Submitted December 25, 2018 at 10:08PM by Biorobotchemist http://bit.ly/2V9dISZ
