Often what needs to be determined is the bottom line as an understanding of this will provide insight to potential outcomes.
Meltdowns Do Occur.
It is a historical fact that all manias are followed by a crash. That's how we know they were manias. However, believing that market meltdowns are the end of the world is a mistake as the world seems to have a remarkable ability to recover. Recessionary environments are often a cleanout period that in itself may be healthy. After all, change is the name of the game and sometimes it happens in a hurry.