The Loss of Normality

[1959_60]

Tend to agree with Blue more than you 59, this is bad and economically potentially catastrophic, Blue mentions the Great Depression, if it only gets as bad as that we'll have got off lightly imo, it could well be a lot worse.

It will be interesting to see how things pan out in China now that restrictions are being lifted.

If the bleeding bug doesn't come back with a vengeance then it looks like 3 months is what it takes. So in that case we should start to get some normality back in June. Anything much longer than that will not be good. But our economy did survive the 1939-45 war, so a three month partial shutdown should be OK.

[sinkov]

It will be interesting to see how things pan out in China now that restrictions are being lifted.

If the bleeding bug doesn't come back with a vengeance then it looks like 3 months is what it takes. So in that case we should start to get some normality back in June. Anything much longer than that will not be good. But our economy did survive the 1939-45 war, so a three month partial shutdown should be OK.

Yes we survived the war 59, and we'll survive this, but during the war the economy didn't shut down, it went into overdrive. I cannot see a happy outcome for the economy, it'll be many years before we're back to where we are now. I'm glad I'm retired and well out of it.