Re:California governor issues statewide 'stay at home' order
by tempestn on Thursday March 19, 2020 @11:58PM
(#22634720)
It's going to be a recession, certainly. In the Great Depression there weren't significant stimulus measures taken though, until the stimulus provided by the war. Governments have already made it clear they're going to throw a lot of resources at the economic side of this, so I expect a couple months would be really bad, and some businesses will definitely fail (some already have), but not Depression level bad.
Two months of this is going to be the beginning of the next depression.