Oh my, if people are so surprised and "demand to know the truth™ " about a single, shitty, over-leveraged company - let's wait for the rest of the year and then

Oh my, if people are so surprised and "demand to know the truth™ " about a single, shitty, over-leveraged company - let's wait for the rest of the year and then 2021 for all the other bankruptcies to unwind. The "middle class" will be ripping all of their hair from their heads. Just ~two months ago they couldn't sell even the treasuries! The best credit paper in the whole world! Corpses will be flying left right and center, you don't just pretend things like that never happened and continue happily ever after. It is always the same reason: too much money/credit. It was the same in 2008, it was the same in 2000, it was the same in 1987 (okay, maybe this one was more on the "quants" of the day with their insured portfolios), it was the same in 1968, it was the same in 1929, it was the same in 2012 in Europe, it was the same in Japan in the 80s, etc. It's literally that simple: too much money = problems down the line. The only variables are how much is too much (above all time highs in corporate debt is almost certainly too much) and how much more down the line (seems the treasury bond market cannot be much more clear on this issue; also look at the GDP prints and projections).