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One thing to note is that even without this virus many economics still thought we would be heading into a recession this year. The underlying causes of that pre
by mygo 7y ago
One thing to note is that even without this virus many economics still thought we would be heading into a recession this year. The underlying causes of that prediction would still exist (if not worsen) after we have hit the peak of this virus.
And the whole world needs to re-open. Our economy would still take a hit in the hypothetical event where our epidemic peaks without a vaccine or treatment (so if ~50% become infected with the live virus) yet China continues to deal with suppression efforts due to their order of magnitude larger population.