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It depends. Once the coronavirus is defeated, it will have accelerated the economic cycle downturn, we might see a very deep and long recession, maybe even one
by plmu 6y ago
It depends. Once the coronavirus is defeated, it will have accelerated the economic cycle downturn, we might see a very deep and long recession, maybe even one like we have not seen in recent centuries.
And since the world is progressing in a direction of depletion of natural resources, the next deep recession might be the last.
We have seen many recoveries after many recessions, but there is no guarantee that there is a recovery. Sooner or later the earth will be in such a bad condition, that it will be impossible to recover.