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There was a crash last year. The only reason it's not really acknowledged as such is that the recovery was unusually quick. Crashes don't have to be big and th
by id 5y ago
There was a crash last year. The only reason it's not really acknowledged as such is that the recovery was unusually quick.
Crashes don't have to be big and the recovery doesn't have to take years or even decades.
- lobocinza 5y agoTiming is the >one billion question. Markets aren't predictable because they are dynamic so any measurement and analysis affects the behavior of it's agents.
- paulryanrogers 5y agoRecovery could also prove to be further papering over serious problems. Time will tell how robust a recovery it truly is.
- steve_adams_86 5y agoThis scares me. Here in Canada, the government scrambled to put "printed" cash into motion, and inflation is already having real impacts... Particularly on poor people. I worry we're only seeing the tip of the iceberg, so to speak. The same thing happened in the USA, but I suspect our economy here is less resilient to fluctuations.
- dragonwriter 5y ago> The only reason it's not really acknowledged as such Wait, there are significant sources that don't acknowledge the existence of a deep and sharp pandemic related downturn?