if the market fell to 500, then the state of the economy would...

if the market fell to 500, then the state of the economy would be such that people would be murdering eachother on the streets and we would be foraging for food

the market follows economic activity and the earnings of companies

Centro is not a fitting example because the company had too much debt, just like BNB, ABS, AFG, CIY, etc

Bad companies are always going broke and being wound up

TONY seems disconnected from reality

For him, the charts appear to be something random rather than tied to economic activity

When bank stocks like WBC crashed to $15, this was due to many fears, such as potential bad debts, expense credit costs, etc

Falling to 500 means the end of society and civilisation as we know it

Most of us would be unemployed and those with wealth will be using it to finance private armies

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