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RWeeksFan23

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Everything posted by RWeeksFan23

  1. Just wait for the effects of this to cascade through the economy. Currently everything is being held together by short-term fixes and the assumption that things can return to normal quickly. Air travel is down 96%. How long is it going to be before travel even gets back to 50% of normal? They just announced a record drop in retail. 31% of Americans didn't pay rent at the start of April...how many will be able to afford rent in May? June? What will landlords do without rental income? Virtually everyone is preparing for massive budget cuts. This is happening at my university, it is happening behind the scenes at every corporation in America. Most of us lucky enough to be employed are going to see pay cuts at some point later in 2020 or 2021. Which will then further ripple through retail, travel, etc. Understood but what does any of that have to do with an entire decade long effect?
  2. An entire decade? That's a little strong no?
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