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Even though the consequences are going to be economic, I suspect that the helicopter money being offered by the various governments of the world has more to do
by II2II 7y ago
Even though the consequences are going to be economic, I suspect that the helicopter money being offered by the various governments of the world has more to do with stopping a domino effect that would lead to social collapse. A decimated economy with it's institutions more-or-less intact may be a low price to pay.
As for all of these economic predictions whirling about: they are speculation based upon people's pet theories. Quite frankly, there isn't enough data to go on. There are very few economic crises that have progressed on this scale and at this pace. When there has been a crisis of similar magnitude, the initial conditions are vastly different. Go ahead and present your predictions, but also take the time to realize that its validity is more likely to be based upon luck than data.