The Rebound
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@jon-nyc said in The Rebound:
We won’t see a V recovery.
Even if there’s a treatment breakthrough.
I don't think we can avoid it if jobs start back up. The unemployment drop was so very precipitous, it will go up pretty sharply but not as high as it was. Overall GDP will not recover nearly as fast.
“I am fond of pigs. Dogs look up to us. Cats look down on us. Pigs treat us as equals.” ~Winston S. Churchill
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@jon-nyc said in The Rebound:
We won’t see a V recovery.
Even if there’s a treatment breakthrough.
I don't think we can avoid it if jobs start back up. The unemployment drop was so very precipitous, it will go up pretty sharply but not as high as it was. Overall GDP will not recover nearly as fast.
@Mik said in The Rebound:
@jon-nyc said in The Rebound:
We won’t see a V recovery.
Even if there’s a treatment breakthrough.
I don't think we can avoid it if jobs start back up. The unemployment drop was so very precipitous, it will go up pretty sharply but not as high as it was. Overall GDP will not recover nearly as fast.
I don’t see how consumer confidence returns until the virus is beaten.
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If we rush the re-opening too much, the risk for a "2nd wave" goes up, then the economic recovery will not be V-shaped.
@Axtremus said in The Rebound:
If we rush the re-opening too much, the risk for a "2nd wave" goes up, then the economic recovery will not be V-shaped.
What does too much mean?
What does risk goes up mean, up to what?
How will the recovery be shaped?
The recovery for the whole world or just select locations? -
Could we pin this topic, so we can look back on it to see who was right? I'm having a good laugh as I read all this.
My prediction: it will go away faster than anyone thought possible, the vaccine will be developed earlier than anyone thought possible, and the economic recovery will be rapid and astounding, as people are chafing at the bit to get back to work and pursue the American dream. Those that were laid off will have enthusiasm for working again, and will start buying again like crazy. And, they will try to buy USA stuff, not Chinese.
Along the way, no fingers will be broken, although there will be many tired fingers, given all the finger pointing over the next year.
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Could we pin this topic, so we can look back on it to see who was right? I'm having a good laugh as I read all this.
My prediction: it will go away faster than anyone thought possible, the vaccine will be developed earlier than anyone thought possible, and the economic recovery will be rapid and astounding, as people are chafing at the bit to get back to work and pursue the American dream. Those that were laid off will have enthusiasm for working again, and will start buying again like crazy. And, they will try to buy USA stuff, not Chinese.
Along the way, no fingers will be broken, although there will be many tired fingers, given all the finger pointing over the next year.
@Rainman said in The Rebound:
Along the way, no fingers will be broken, although there will be many tired fingers, given all the finger pointing over the next year.
And all the frenzied typing of "I told you so"s.
Education is extremely important.
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@Rainman said in The Rebound:
Along the way, no fingers will be broken, although there will be many tired fingers, given all the finger pointing over the next year.
And all the frenzied typing of "I told you so"s.
@Horace said in The Rebound:
@Rainman said in The Rebound:
Along the way, no fingers will be broken, although there will be many tired fingers, given all the finger pointing over the next year.
And all the frenzied typing of "I told you so"s.
The thing that will truly rocket up is hindsight
