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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I agree it will be more traumatic, but not for that reason. The recovery will pale in comparison to the realization we're all vulnerable. Most people in America will lose someone they know, or at least recognize. Many more will be close to someone who was hospitalized.
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I disagree with that. People fall ill and die all the time, and only really comfortable people need reminders of vulnerability. Overall fatality rate will likely end up under 1% once we count right. But the economic shock is going to be pretty unique.
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