The bubble should have been pricked by now but, alas, it didnt happen.

I agree, the soft landing is a better option yet it is off the table. We are only going to see a pump until the market decides "enough". Once that happens, things will move swiftly in a direction people do not want.

An even better example of the time it takes to recover is the dot.com bubble. It took the NASDAQ what, 15 years, to reach a new high? Some individuals stocks (like Yahoo) never even came close to getting back to where it was.

The same will happen here. Many are going to get hurt. The ones that are in the worst shape are the ones who tend to count on the money the most yet are not in control of things. Pension funds are in crap shape with an all time high. Can you imagine what they will be like after a 30% correction?

It is going to be bad out there for a lot of people. Hopefully they are getting involved in crypto to enhance their holdings. I believe this is going to be a safety valve for people.