Re:Additional 6.6M File for Initial Unemployment Benefits [pdf]
by cm2187 on Thursday April 02, 2020 @09:22AM
(#22758623)
That's assuming that 1) the said business will still be around after the lockdown (after 2-6 months without revenues), and 2) consumers will not have changed behavior, and I am concerned that people who spent several months watching the economy collapse, and wondering how long before they get laid off, will not start consuming like if there was no tomorrow when the lockdown ends.
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Re:Additional 6.6M File for Initial Unemployment Benefits [pdf]
by blaser-waffle on Thursday April 02, 2020 @12:17PM
(#22760609)
I'd be more worried about lots of low cost consumption. If all these business collapse then land, good, and other things may be super cheap -- we're seeing $10/barrel, even negative, oil -- so you could consume as much as you need, even consume aggressively, but the supply is out of control and won't bridge the gap caused by 6 months of capital starvation.