Originally Posted by
rickair7777
The lost decade was worse, at least based on what we know right now. COVID is a single discrete event, and while it's deeper and uglier at face value it has a likely discrete end-point (vaccine). We will also not be fighting trillion-dollar wars over covid for the next 20 years (hopefully).
1- Things will get better as soon as the election is over in November. The vast majority of the hysteria of the virus now is politically driven.
2- Which also means that it could increase tensions with China. I am starting to hear conservatives parrot the idea that this was an intentional and planned response by the Chinese government to Trump's tariffs. Whether or not that is true doesn't matter... but if people believe it, and tensions escalate, then armed skirmishes, proxy wars, or even another cold war may result.