I’m guessing 10 more weeks before we see the first signs of economy reboot. This is going to get really brutal. I’m not seeing any historical comparable for what we’re headed for. Not WW2, not the Great Depression, not the Spanish Flu. This is a totally sui generis cataclysm.
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Also because the attention has been on restarting supply side, but if there’s no demand side (or it’s greatly reduced), it’s only a matter of time till the business goes under.
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They could be made to. The government ought to be able to figure out laws to put whole swathes of the economy "on ice" eg. just stop all rent / mortgage / salary obligations for institutions, while taking over direct payments to workers. Then unfreeze when crisis over.
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Right. Makes sense.
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Would it be a randomized increase in the second half?
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