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by jmeyer2k 2289 days ago
I've seen this argument by investors, but what's going to change?

The virus isn't going to magically get better overnight one day. It doesn't expire. This is either going to be EXTREMELY bad in the short run or very bad over a long period of time. Either way, the economy is either going to be hurt very badly all at once or slowly deteriorate as countries have to stay quarantined. (Something that the US may have to do soon.)

1 comments

Perhaps a bit too dire -- much work, and play, can be redirected for lower proximity, as has already begun. We'll be seeing a lot of tennis and golf on TV this summer, I would wager.

Ruinous nevertheless for elective healthcare, health clubs, barbers, and sit-down restaurants.