You can call it whatever you like, that doesn't mean a thing to the people in the bread lines.
What people seem to be failing to understand is that the "near term correction" is going to be huge, regardless of whether or not there's an even bigger one in the future. We need to get through the first one to reap the benefits of missing the next one.
Or, we can try to avoid the current concerns as much as we can, and use the time we've bought ourselves to reform our system and negate the need for that larger one down the road.
What people seem to be failing to understand is that the "near term correction" is going to be huge, regardless of whether or not there's an even bigger one in the future. We need to get through the first one to reap the benefits of missing the next one.
Or, we can try to avoid the current concerns as much as we can, and use the time we've bought ourselves to reform our system and negate the need for that larger one down the road.