What do you think is the most likely outcome of the Covid 19 recession? (buying, sell)

[Swizzle Stick]

Many jobs were eliminated, but the world seems to be able to go on without them. Maybe people should learn to make themselves essential.

[Swizzle Stick]

Originally Posted by RJ312

Many people were barely even recovered from 2008-2012 when this hit.

We just finished the longest economic expansion in US history. You would have to be on meth, or in jail to have not recovered from the last recession.

[Boompa]

Depression and Civil War. The people responsible for hundreds of thousands dead are held responsible and hanged.

[Frank Purlin]

I voted "other" in the poll because I did not see an option for BLOODBATH.

Q2 GPD may be -40%

[lieqiang]

Originally Posted by Boompa

Depression and Civil War. The people responsible for hundreds of thousands dead are held responsible and hanged.

I bet you get invited to a lot of parties.

[Serious Conversation]

I'm 34 and this is easily the worst I've ever seen things.

I graduated in 2010. While it was tough to find a job, it was nothing like today where there were mass closures and no clue when or if things would return to normal. The job losses are probably going to keep coming in by the millions for weeks longer.

Today, there are real concerns of shortages, some industries never recovering, etc. 2008 wasn't anything like that.

[Taggerung]

Originally Posted by Frank Purlin

I voted "other" in the poll because I did not see an option for BLOODBATH.

Q2 GPD may be -40%

What's even worse is that, even as GDP continues to plummet, debt at all levels continues to explode.

[Taggerung]

Originally Posted by Rocko20

Airlines and cruise lines may never recover from this. Sporting events, festivals, and concerts are finished. Hotels are screwed. Nightclubs are finished. Many businesses cannot survive 30-50% mandated occupancy rates with or without 6 feet social distancing.

Yeah, this is going to be worse than 2008, unless we embrace herd immunity like Sweden.

To be fair, places like Las Vegas are working to open back up (sending out surveys of what tourists want, creating dividers at playing tables, etc) but they are going to lose billions.

I think there's far too much hopium in the general populace. America as we know it is done.

[JonathanLB]

It’s a bit hard for me to imagine this isn’t worse than 2008 for many of the reasons mentioned. Even industries like theater chains are uncertain in how they’ll recover. Studios are bickering now, chains are fighting back, the theaters don’t want to open without product but the studios are nervous to send any of their best product into this type of market. Lots of industries are facing major issues.

I put $50K into the market near the bottom and it just hit $60K today. I’m baffled, I had intentions to put a lot more money in, that was just a teaser, and then the market has acted like absolutely nothing is wrong since then so now I’m just waiting it out. I still expect the market to have another dip.

[Mr.910nc]

Free college Tuition
Living Small becomes the new norm
Home Entertainment will surge
Small towns will DIE
Automation will takeover most manufacturing
More hospitals will be built
College majors will be shorter
Less work days
Multi-Generational Households
Retirement Age is now younger to free up job opportunities for the youth
More meatless meat due to automation
Progressive 3rd political party
More schools are built to shrink size for social distancing
More work from home jobs
More online live concerts
Medical for all