Recession! 50 – 60% market decline?

Recession!
Are there still people who believe that we are not going into a recession yet?
This video compiles the part of the sequence of events leading to our current US economic state. It is interestingly compiled in a movie format which has captured my attention for a while… until our ”Lead Actor” appears. 
 
What strikes me?
1. David Tice:”We [...]