Re:The next 45 days are the ‘most critical period in U.S. fi...
by m0llusk on Monday April 20, 2020 @05:01AM
(#22922267)
Very strange that before the virus people were talking about how a record breaking time between recessions was among a number of indicators pointing to a recession, likely a strong recession that would rule out the possibility of a V shaped recovery. Now everything is because of the virus and reactions to the virus. Never mind that markets had been hollowed out by nearly a decade of rampant low interest stock buy backs and other future wrecking methodologies. Essentially the only content in this article is yet more evidence that current market followers are incapable of even the most basic introspection.
Of course there was growth afterward to rebuild and repopulate. This is nothing like the current crisis that doesn't destroy homes and hardly kill anybody.
After 1918...didn't we have the roaring 20's? Can we hope for that scenario? I know WWI also ended
It's hard to fathom how much destruction there was. Have a look at this aerial view of a village before and after artillery fire. https://upload.wikimedia.org/wikipedia/commons/e/e5/Passchen...
Of course there was growth afterward to rebuild and repopulate. This is nothing like the current crisis that doesn't destroy homes and hardly kill anybody.