/biz/ - Business & Finance

>>18141273
Anon, we've been due for a hard landing for five years, honestly.

Corona might be the trigger but the fundamental problem is completely different. Things are completely fucked and we still haven't paid up for 2008. The amount of inefficiency, misallocation, and dysfunction will mean multiple painful recessions for the rest of our lives. I expect we are headed into a situation like Japan at the end of this. A morass of debt, infrastructure, resource, housing, and social problems. You will look back on this horrible decade like it was the 90s one day and realize how far we've sunk.