[aguyfromnb]

>Markets think into the future, not the present

How far into the future, then? Over a long enough time span everything goes to zero. Are there no future consequences to record levels of unemployment? Everyone just goes back to work in the fall like nothing happened?

[Axsuul]

It’s anyone’s guess but the market being green means investors are optimistic about the future. Everyone going back to work is not an unrealistic scenario since there are countries in Asia that are already doing this.

Also keep in mind unemployment rates are expected during a pandemic. They are apples to oranges when comparing them to high employment rates during times of normalcy.

Finally I think it’s very easy for humans to overestimate current situations and underestimate just how easy it is for society to forget what it was like half a year ago.

[aguyfromnb]

>Everyone going back to work is not an unrealistic scenario since there are countries in Asia that are already doing this.

You're not following the economic story very closely if you think any of those countries are "back to normal".

>Also keep in mind unemployment rates are expected during a pandemic.

Do you have a source to anything at all about how any of this was "expected"?

[Axsuul]

I never said those countries are "back to normal", you're misquoting me. I meant to say they are going back to work. Further compound that by countries like Sweden that are business as usual

You don't need a source. You already know it will lead to higher unemployment since pandemic -> everyone staying home -> businesses halted -> people losing their jobs (although the market has judged this as ephemeral)

[aguyfromnb]

>you're misquoting me. I meant to say they are going back to work.

Oh, so when I asked if people were "going to go back to work like nothing happened", and you replied "Ackchyually, Asian countries are going back to work" you deliberately left out the "like nothing happened" part, and are now agreeing that it's not "back to normal"? Got it.

>Further compound that by countries like Sweden that are business as usual

Not true.

>You already know it will lead to higher unemployment since pandemic -> everyone staying home ->

In what other pandemics did everyone stay home and unemployment went way up?

[Axsuul]

I have no idea what kind of straw man argument you're trying to make anymore other than I think you're looking to pick a fight by being pedantic about words. So I'll just leave it at that.

[ithinkinstereo]

It’s not “business as usual” in Sweden. Many are now questioning their approach.