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I like how you put it "governments everywhere mandating that the economy go into recession due to a public health emergency". Which is very true. While yes the
by stuff4ben 7y ago
I like how you put it "governments everywhere mandating that the economy go into recession due to a public health emergency". Which is very true. While yes the coronavirus is the initial cause, the fact remains that governments put the economy on hold, for the greater good of humanity. Which means that it should bounce back, hopefully quickly in my optimistic mind.
- tathougies 7y agoThat's right. Most companies have not stopped business due to bodies lining the streets. If they had been forced to close due to the sheer reality of unconstrained growth, the recession would be terrible. However, right now, most countries are closing businesses preemptively, which is great, but if the government mandates a recession, they will be forced to compensate (which they're doing)