Re:Ancient civilisation under eastern Turkey estimated to be...
by jhoechtl on Saturday May 21, 2022 @10:30AM
(#31458232)
> It didn’t even cause a recession really, most of the economic issues we have at the moment are self inflicted.
It did, it was central banks by pressing money, who held the faith in economy high. There would, and time will tell, should have been some more companies default.
We’re just not used to dealing with a disease like this. It was a serious problem, but the idea that it was any kind of existential threat is absurdly hyperbolic.
The Spanish flu was similarly dangerous and virulent, it’s impact was vastly greater, yet for most people it’s a forgotten historical footnote.