The problem makes the GFC seem insignificant by comparison. Here assuming restaurants have to stay closed for 6-12 months, then what? They're all going to close up shop, all the landlords won't make mortgage payments, and all the bank loans are going bad? No way.
Why does it seem obvious? This would be extraordinary. Extraordinary claims require extraordinary evidence. Also: https://en.wikipedia.org/wiki/Jubilee_(biblical) …
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And this doesn't stop at restaurants, or the workers who have home mortgages that would fail, etc. Most banks would just fail? Seems obvious you just put this on hold, since this is a public health problem. Maybe I'm wrong I guess.
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