Originally Posted by
The stillest
Depression-level unemployment? Really? That makes this sound very very scary
btw, The depression lasted for a decade. We’re a month or two in to a health crisis and people will start going back to work in a few weeks. Some of those who will return to work will need to travel by air. Many outside salespeople are through “teleconferencing” and need to get to see their customers in person, or risk losing them
If you could go back in time to December 1929 and tell people via national radio, “don’t worry, businesses will reopen in about 10 days”, do you see how your “depression level” statement is really quite hysterical?
I heard the virus can live for 3 days on the surface of the sun!
You do realize that the Federal Reserve allowed monetary liquidity to decline, instead of increasing the supply of money, right? Unlike now. You’re comparing something that happened 91 years ago to today. You really think these are the same thing?