4 ms·
This sort of thing is usually measured in percentage lost from the previous peak, or some other relative measure that corrects for the overall growth over time.
by kd5bjo 7y ago
This sort of thing is usually measured in percentage lost from the previous peak, or some other relative measure that corrects for the overall growth over time.
- fock 7y agoand not accounting all the stuff we have accumulated, which (at some point) has/had a lifespan of multiple recessions. But hey, just picture these hungry, ragged children - some Covid deaths are just to be accepted with thie outlook.
- ccffpphh 7y agoI'm not even talking about econometrics. As our supply chains become more and more integrated globally, as the amount of services built on top of each other continue to grow, and as the global economic system continues to use, build, and develop these services, any significant disruption is going to be more catastrophic than the previous which didn't rely on as much integration as it currently does.