Quote:
Originally Posted by DaFace
I generally agree with you, but thus far the economy has outperformed expectations every month after the initial hit. Time will tell how it plays out in the end, but it still wouldn't surprise me to see things come back more than everyone expects.
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I hope you are right but I would be surprised. There are a lot of dominoes to fall.
Government support running out. People run out of savings and max out debt.
An eviction tsunami is coming. Landlord and property owners and eventually banks are going to get hit. States are going to struggle with their budgets.
Without a vaccine the economy is going to be depressed even if everything is nominally opened up.
A quick vaccine could be a game changer.