3 ms·
"this is a type of economic disaster very different than a hurricane, wildfire, or even the 2008 financial crisis." This is a point worth noting. It is like a
by dalbasal 6y ago
"this is a type of economic disaster very different than a hurricane, wildfire, or even the 2008 financial crisis."
This is a point worth noting. It is like a wildfire in the sense that because of the pandemic, fewer salads were made and served. But, there isn't any destruction to physical capital like buildings or whatnot.
This kind of gets to some economic debate questions, moreso from past generations. Economies, at least modern ones, often deal with physical losses better than money/debt problems.