Fear-mongering. No link, but from my munnee guy: Canadian stock market since 1972, best year 1979 +44.7%, worst year 1974 -25 9%. Average rate of return since 1972 -- 10.9%,
Natch, there will be individual disasters. And the mortgage policy in the USA is criminal, in my ultra-lefty mind.
But major melt-down? I don't think so. Big swinging dicks have too much to lose.