I did not say there weren't downturns. We never had a great depression until we had the Federal Reserve. So, they have caused them to be worse. Before, when a business acted irresponsible, they went bankrupt and closed their doors, and the people who invested in that business lost money. However, now, in general, businesses are not allowed to fail, and zombie companies are continuing to exist and not being culled. Eventually, they do fail, but when they do, it's way worse because now instead of a couple failing, there's tens of thousands at once.