So how deep the recession will be?

Discussion in 'Economics' started by kashirin, Mar 14, 2020.

How bad q2 will be?

  1. Positive

    3.7%
  2. Negative up to -2%

    14.8%
  3. Negative up to -5%

    25.9%
  4. Negative up to -10%

    14.8%
  5. Negative up to -25%

    22.2%
  6. Negative with MORE THAN -25%

    18.5%
  1. What I said, small chance of huge problems. Not all all guaranteed we may just have to live with this virus forever and get on with life expecting some percentage of our population to die to it every year.
     
    #31     Mar 15, 2020
  2. ElCubano

    ElCubano

    Our new normal, factored into our everyday risks.
     
    #32     Mar 15, 2020
  3. Exactly. Old people had it good anyway, get them off our backs.
     
    #33     Mar 15, 2020
  4. themickey

    themickey

    Agree, they're a pest, always eating icecream.
     
    #34     Mar 15, 2020
    nooby_mcnoob likes this.
  5. schizo

    schizo

    Bear markets have always preceded the recession by 6 months. In the 2000, the market started crumbling in March with the burst of Nasdaq bubble. By September, the economy was in a dire strait. In late 2007, the market showed signs of weakness. By early 2008, the major indices were falling off the cliff. By the summer of 2008, the Great Recession was firmly established.

    So, it wouldn't surprise me to see the full impact of recession in about 5 months from now since the market has been in a nosedive for the last 4 weeks.
     
    #35     Mar 15, 2020
  6. schizo

    schizo

    I can't wait until you become old and useless. I'll be sure to tell the next generation what they should do.
     
    #36     Mar 15, 2020
  7. The old are supposed to make way for the new.

    They haven't done that. One of the largest cost of government is maintaining old people. #1 owners of assets are also old people.

    Do with that what you will.

    I fully expect this generation of old people to be the last to be able to rape the next generation as badly as they have.

    Edit: if you don't believe me, go take a look at "quality of life" spending for old people vs children on usafacts.org. The children get raped.
     
    Last edited: Mar 15, 2020
    #37     Mar 15, 2020
    Turveyd likes this.
  8. Cuddles

    Cuddles

    young doctors are going to go HAM when the hospitals are flooded.
    "Caedite eos. Novit enim Dominus qui sunt eius."
     
    #38     Mar 15, 2020
  9. It's possible.
     
    #39     Mar 15, 2020
  10. Turveyd

    Turveyd

    Well looking like another Black Monday :( Circuit Breakers back on again and DAX looks like frozen aswell.

    UK's a ghost country, nobody is going out, photo's of London tourist spots just deserted, barely a car on the road this evening where I live.
     
    #40     Mar 15, 2020