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by bitcoinbutter 2239 days ago
The market seems to be pricing in the best case scenario here. They're saying that almost everything is back to normal by Q3.

This would be 4 really bad months (March-June) total. The reality is that the future is very uncertain at this point. The market drastically underestimated the virus in early February, and it appears the same phenomenon is happening now.

1 comments

Covid 19 will eventually (a year or 2) go through the whole population and kill a lot of people, especially pensioners. Then it will be a background level killer like flu and cars. This is bad for many humans and people who love them but it's not bad for the economy.
Just the real estate price collapse that will follow the deaths is very bad for the economy.