The bad part is that the debate will inevitably be political not rational.
Many advisors believe this is not rational and that eventually people will put their cash back in the market.
"The evidence does suggest that the market is not rational, " says Meir Statman, a finance professor at Santa Clara University in California.
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But the behavioural school of economics has long argued that investors are not rational, being subject to a whole range of emotional biases.
As Republican Lindsey Graham said, the idea that we cannot find a place to securely house 250-plus detainees within the United States is not rational.
Islam is a belief system based on revelation, not rational thought.
These decisions are often emotional ones, not rational ones.
These industries are not rational, fair or moral.
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The variables are nearly infinite and therefore, relying on predictions is not a rational decision-making method.
Behavioral finance teaches that, as humans, we are not always rational or driven by logic.
This also strikes me a less convincing explanation: people are not that rational, surely.
Further proof that the market's investors are not fully rational comes from bid prices.
Success in social media per se is not a rational objective for most organizations or for most individuals.
It is even possible and this is a worry that he is not altogether rational.
Cable companies are not perfectly rational actors, they are often sclerotic bureaucracies strongly biased toward the status quo and large content companies.
She's also grown used to getting comments from people she describes, clearly searching for a polite way to put it, as "not wholly rational".
For now, coast dwellers are able to use the public's not entirely rational fear of fireballs and environmental impact to block plans for LNG terminals.
Lord Wilson said KM's lawyers had failed to establish that the offer was not a rational assessment "of the cost of meeting the appellant's eligible needs".
Had the Times - and other major media outlets - properly reported Khamenei's speech, they would have made clear to their readers that he is not a rational thinker.
The sadness, the difficulty of having an adult conversation, is that our current Climate Secretary appears to be on the panic and hysteria side, not the rational trade off one.
Unfortunately, eating decisions are not purely rational.
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"We all know markets are not particularly rational and overshoot or undershoot and wipe billions of dollars off market cap off indices over what we think is a misreading of various data points, " he said.
As a matter of tax fairness, it does not seem rational for certain forms of personal income to be taxed when the original intent was otherwise, whether that is applied to gaming proceeds, or interest, or dividends.
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The 1996 Telecom Reform Act failed precisely because it did not account for rational, self-interested behavior.
Many of the expiring provisions would not survive a rational reworking the tax code.
But these emotions are real, and feelings about being in danger are not always entirely rational or driven by statistics.
It is not just the rational features and benefits of the product being communicated by the advertising that drives price expectations.
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