But we had bad events over the last 80 years, yet the markets didnt sell off as bad as they have now.
I understand if we were down only 25% and we were screaming that, yet when we shed 10 years of gains, and nearly half from Oct 2007.
Now as far as the printing presses, yes, but that would show up in higher treasury yields, inflation, and guess what... it means higher stock prices. =)