You could be right, this is what happened in the early 30's when the market dropped 89% - I think it was between 1929 to 1932, but it happened slowly over a few years. This won't be as bad, however it may happen slowly as you wrote.
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- If it is as bad as the GFC, the ASX will drop to around 3,600
If it is as bad as the GFC, the ASX will drop to around 3,600, page-3
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