It will go low enough - to scare most people, who don't understand how it works and - to allow the Big Boys to buy it all back up again at pennies on the dollar. This isn't the first time they've pulled this.
Shares are only "worth" what the next person is willing to pay for them. If you want a quick-and-dirty lesson in how the markets *really* work, look up the phrase "stock market monkeys".

Yes, they play us stupid. I was wondering what was going to be pulled right before the election.

Financial repercussions are global which means recovery will be also and that takes time. Darn if you do say something, darn if you don't.... can't please everyone. But since this is a worldwide dilemma we're all on the same planet traveling through space dealing with issues of our own value.