Originally Posted by
BoldPilot
Which is a whole bigger problem waiting to explode. Tons of people and companies have taken on large amounts of debt over the last couple of months. I’m afraid the coronavirus is just the wind blowing into the sails of another financial crisis on the horizon. How soon it will get here is anyone’s guess.
It will certainly drive a shake-out, which was perhaps overdue anyway. How bad and how long depends on several things we don't know yet. But this should serve as the regularly scheduled economic reset, so hopefully won't need another one for a while.