Post
Topic
Board Economics
Re: Crisis after the epidemic
by
South Park
on 18/05/2020, 15:46:56 UTC
How long do you think the crisis can last after the epidemic?
What are the most likely events to occur?
We are in uncharted territory so no one knows precisely what will happen next, however it is very likely that this year is still going to show negative tendencies and the economy will suffer for it, if we are lucky we may see a recovery during the next year that will offset a significant amount of the losses that people incurred during this year, however it is also possible that the next year will be negative as well as a vaccine will not be found for at least another year, and if the next year is also negative then it may take years or even a decade for the economy to recover from this blow.