[bigearl]

Markets don't do anything, people do. It's a cute convenience to anthropomorphise the "market". If you're arguing that no action should be taken despite the depth of or the precipitating event of a market collapse, then you are just out playing in philosophy land because that's an impractical solution in the modern money system. If you just want to talk philosophy, then more power to you. If you are talking about the real world, then economic philosophy as dogma falls apart about as quickly as every other school of philosophy.