>>18955977
Wrong. Corporate, state and also private debt levels are way higher than in that time (also inflation asjusted). Apart from a spongy hope that there will be a quick recovery to normal in consumer behavior and a pumping fed, you have the same situation. It doesn't really matter if the damage to the economy was done on purpose due to lockdowns or just happened due to a general economic downturn. Once the damage is done, the cause is not relevant for the conditions of a recovery. The market will learn this in q3 and q4 and going into 2021.