RE: Well done Shares magazine1 Sep 2021 13:05
dont be silly the world is ball shaped, bulging out at the middle and flat(ish) at the poles, as you can see a proper explanation is always more difficult than a flippant perception.
the stock markets crashed because of unfettered and dodgy activity by the funds, and these had the impact of causing people to think the economy had been damaged (it intrinsically hadn't), leading to money lending fears which had the knock on affect of bottlenecking actual economic active which feedback onto the stock market leading to a downward spiral.
the fact that we have linked in our minds the idea that stock markets and the economy have to be so embedded is a very bad thing, there needs and should be a level of separation. the finance industry does not actually make anything, money in and of itself is meaningless without people agreeing it has some level of worth.
i use the term corruption in the meta sense of diverting a natural system, which the stock market at base nature is.