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I rather doubt anybody knows what’s going on. Suddenly shutting down north of thirty percent of all global economic activity is absolutely uncharted territory.

• bad_user 7y ago
  On the other hand it's a straightforward economic slowdown, there's no hidden or surprising cause and effect, we understand what's going on. Before the pandemic there was no shortage of capital. We should be able to recover from it well. Unless we fail to contain this virus, or find a treatment for those severe cases and the situation lasts for months on end. In which case we're screwed :)
  • smdz 7y ago
    Probably not that simple. If we had a planned and publicly notified and unified worldwide lockdown and curfew for 20 or 30 days, including the stock markets - the recovery would have been sooner. People and businesses can take that hit. But with segregated efforts, some doing serious lockdowns and some not so serious lockdowns, where countries are interdependent, the timeline is unknown and hence the impact is unknown. Businesses might be able to stay healthy may be 15 days more. But beyond that is a strong possibility, and hence the economic impact is going to be much larger and uncertain.