Well, that's the really scary version of the scenario. Where a lot of the sketchy shops start vaporizing. They were the ones that were horribly managed, or ha

Well, that's the really scary version of the scenario. Where a lot of the sketchy shops start vaporizing. They were the ones that were horribly managed, or had a product that only looked good when money was plentiful, but their catastrophic death signals to other investors that the market is dicey. Slightly higher end folks pull away, and the next tier of shops cave or weather it. This continues until you get to a tier that's stable enough that investors running doesn't destroy them. I'd wager the rate of pullback probably determines how far up the chain it goes. Rapid changes are more frightening and cause pretty sound relationships to collapse simply because the money is afraid the cancer will spread to them too. Do we go to the doctor when we've lost 20 lbs over a year or over a week?