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/biz/ - Business & Finance

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>> No.19660978 [View]
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19660978

not saying it will go down below march 19, we're not even close yet but there still has not been any 'recovery' in the real economy
>almost no jobs have returned
>millions are still working reduced hours
>airliners are still losing billions
>still no demand for oil
>companies have added a lot of debt and are now in worse shape than they were before corona despite stimulus
the economy is a highly complex and fragile crystalline structure that builds up over decades of constant energy input
as soon as the energy input is reduced the structure collapses and becomes less complex
an economy is not something you can just shut down and start up again - the world doesn't work that way

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