In Jim Cramer's long history of the stock market, he knows that there are two ways to look at what is happening right now. First, is the perspective of the tremendous havoc and fear where stocks are being slaughtered everywhere. Second, is to re-frame the approach in a long-term view, and see the opportunity that Wednesday's market could bring.
Ebola is worrisome, as with each case that breaks out the market continues to go down. "I'm not asking the president to don a hazmat suit and go help an Ebola victim. I am asking the head of the CDC to put some of his people in that situation to gain some confidence in our system." Cramer said.
Then there is Europe. Cramer noted that German Chancellor Angela Merkel has made it clear that she is not willing to run up a deficit to help Europe, or grow employment in Germany. The "Mad Money" host added that she would dramatically help the country if she were willing to issue 30 year bonds to build out German infrastructure and put people. "How many times does she have to declare that she will do nothing before we admit she's just plain Hoover turning a recession into a depression."