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by huangc10 2276 days ago
Are a lot of your friends the same people that think the shelter-in-place will end soon? Given the situation, even when the shelter-in-place ends (let's say May 1st). No way in hell am I going to go back eating in a crowded restaurant or going to crowded places. No, the recovery of this will take months and by that time, fall is ending and winter is here and the next round of flu/Coronavirus season is starting. I know this is a more pessimistic case but it just doesn't make sense to even think the economy will recover in a couple of months. There is going to be over 100,000+ deaths. You don't just recover within a quarter or two.
1 comments

I don't think the economy will recover back to it's old levels.

I'm just saying we don't have any prior experience to guess as to how much it will or won't recover.

You're right, we don't but we should lean towards realistic-pessimistic. Anything otherwise we should consider ourselves lucky.