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In fairness the author also gave a massive error bar "between 10.5% and 40.6%." So whether or not the stimulus is sufficient to avert the worst depends on where

In fairness the author also gave a massive error bar "between 10.5% and 40.6%." So whether or not the stimulus is sufficient to avert the worst depends on where we sit between "mild recession" and "social collapse."

nostromo 7y ago
10.5% unemployment isn't a mild recession. It's a touch worse than 2008.
- sobellian 7y ago
  True, but I think there's more metrics to a recession than peak unemployment. It took years for unemployment to dip below 8% after 2008, but only time will tell what the recovery looks like here.