So here we stand Thursday morning, and the recent dip has nearly been corrected.
As I have said here for years, we are no longer in a market economy, but in a command-and-control economy—and like in the old USSR and elsewhere, you are either in the party, or you are not.
Like all such systems, this one will prove unsustainable at some point—but that point is IMO not anytime soon. Such economies can go for a long, long time, and the rich do just fine in such a system, as long as they either have int’l escape routes, or are part of a ruthless ruling elite, with connections.
I see this going for a good while yet. Count me in...comrades!