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by imoverclocked 2284 days ago
Careful, things may not go back to normal and we may have a lasting recession. This is especially so if we don't do things to help the rest of the economic ecosystem alive during this period of little to no commerce in some sectors.

At the same time, I hope Tesla is going as far as they can to protect their workers... and that will probably be the real story at the end of all of this, "What companies did to protect their workers and the economy around them."

1 comments

I think it's already too late; we've ground the nation to a halt and it will take a while to restart. I work for a company that is often cited for knowing these kinds of things, and we were told today to operate under the assumption that the economy will be more or less shut down until May/June, with normal economic activity not resuming until the end of Q3. All that said, the companies that can keep as much of their operations going until then will be in a much better position to come out of this intact.

We're heading into the next great depression, and it's going to take a New Deal type of effort to recover. Trump is actually in a remarkably similar position to Hoover in all this too; so it's not unprecedented to be headed into something like this with a nincompoop at the helm.