Your examples are why the market is seriously flawed here. Why does it take so long for the market to correct and why does the market allow such huge variance

Your examples are why the market is seriously flawed here. Why does it take so long for the market to correct and why does the market allow such huge variance from normal? I think the answer is obvious, people get acclimated to their environment very quickly and lose the ability to see systemic problems. Therefore it seems the market will tend towards local minimum. Similar to how evolution works. It doesn't handle gross changes without a lot of pain.