3 ms·
Exactly. The stock market only got back to the highs of 1929, in inflation adjusted terms by 1960. So worst case, it can take 30 years or more to recover. Japan
by slashdev 2y ago
Exactly. The stock market only got back to the highs of 1929, in inflation adjusted terms by 1960. So worst case, it can take 30 years or more to recover. Japan took even longer.
- thfuran 2y agoWorst case, the current stupidity fully cements US's fall from hegemony, moves the world away from USD as a reserve currency, reverses global brain drain to US, and the economy never recovers.