When you see how much of a massive everything-bubble we were (are?) in, I can see where people are coming from on this one. Time to get some sanity back into this economy, and the people who will hurt the most are those who also benefited the most in the past 3 years (crypto-bros, useless startups with dumb valuations, etc.)

I think people are excited that we can get back to money tracking with actual value generation and not financial hacking.

Events like these are similar to Enron and Theranos. No, I'm not excited to see "the energy industry" or "the medical industry fail", but that's not really what it was, was it?

>Do you think it's strange people are excited for the economy to fail?

People knew free money was dangerous, planned for a return to sanity (QT) in 2018-2019, and were financially punished for acting responsibly by believing the Fed would follow its roadmap.

They may get their day in the sun now and I cant blame them for being happy at the first signs of a temporary return to reality.

I was taught disruption is good.