Re:Effect of economic crisis on America’s small businesses [...
by marvin on Saturday March 21, 2020 @05:48AM
(#22645529)
Some of this economic damage is also the result of toppling imbalances that have been artificially propped up since before 2008.
The virus is just a convenient excuse; a crisis would have hit at the first sign of trouble.
Re:Effect of economic crisis on America’s small businesses [...
by Zach_the_Lizard on Saturday March 21, 2020 @01:30PM
(#22648143)
> The virus is just a convenient excuse; a crisis would have hit at the first sign of trouble.
Sure, the market was seeming to be overheated and due for a correction.
Without the virus, maybe it's 2008.
With the virus, it's starting to feel like 1929 again.
Huge numbers of people are unemployed right now that wouldn't be in a normal recession.
Wait till the unemployment numbers come out.
Also...
You make the error of assuming that (A) high blood pressure, diabetes, and heart disease mean that a person is "already dying," and (B) people who survive don't become debilitatingly sick.