I like the terminology "y-shaped recovery". Basically, everything goes down at the start, then some things (and new things) emerge, and other things never recov

I like the terminology "y-shaped recovery". Basically, everything goes down at the start, then some things (and new things) emerge, and other things never recover. This seems like a more accurate way to think about the economy, in that new industries will emerge and some industries are going to never really recover.