I find it more interesting few seem able to recall what happened the year prior in 2007.

Recall the elevated marketing hype from those trimming portfolios knowing full well what was happening. What I see is a short term 30% sales bump in real-estate (ratio of debts in negative amortization) as the amateur tries to find inflationary shelters after getting disappointed by laggard bond markets.

Kind of reminds one of giving sugar-cubes to raccoons... knowing they wash their food in water as habit.

Rule #9: if people start answering odd questions you didn't ask, than one probably should be extra cautious.

My bag of popcorn is ready. =)