There was no straightforward way to tell in the post-pandemic environment which changes in the economy would be transient and which ones would be long-term. It'

There was no straightforward way to tell in the post-pandemic environment which changes in the economy would be transient and which ones would be long-term. It's easy to tell a just-so story about how these companies' pandemic boom was obviously because of easy money and they should have known it wouldn't last. But back in 2020, I remember I used to go around telling a similar but wrong story about how remote work won't last.