Hacker News Reader

The recent drop happened in only one week, it was really abrupt and breaking records.

GFC didn't happen over 1 week, the bear market from GFC was from October 9/10, 2007 to March 9, 2009.

I don't think it broke any real records, the only one is the absolute point drop in the indexes, but that's a meaningless stat that will constantly be broken in the future as the economy grows - proportion is what's interesting.

My bad, it did not break records outside the 1987, dot-com and GCF crises, made a mistake there. However, I don't agree with the theory of infinite economy growth (as you said "constantly be broken in the future").

Future economy growth =/= infinite economy growth.

Reply on news.ycombinator.com