Letter Soup–Which Shape Will the Economic Recovery Have?
Many economists, politicians, and investors are discussing which shape the recovery from the corona-virus crisis will have. The form determines the speed and extent of the growth–and the depth and length of the bottom. How do you feel? Which shape will it have in your region?
- V – Steep and quick fall but a quick recovery soon.
- U – Steep and quick fall, a longer bottom, but a quick recovery some later (early next year?).
- W – With a second wave of the virus, a second bottom in the economy is approaching.
- WW – Three or more infection waves, three or more depression bottoms.
- L – After the free fall, a very long stagnation follows, near the lowest level.
- K – Some people up, others down. Society will become even more divided economically.
- Other (please, comment)
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I have read it is W shaped economic recovery. I think it will be WW or L... no recovery is foreseen right, economic devastation repurcussions has to fully unfold.
HA...ha I actually almost felt this is some sort of grading - if it is will mark it like one of the worst for sure.
Pessimists have the advantage to experience more positive surprises in life. :)
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A half-empty glass.
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Welcome
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It depends on the country, therefore, I have different answers.
Yes, averages, like global picture are hiding our differences.
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Too hard to predict. It'll be a wild ride
Riding may be healthy. I have my spinning-bike in my room.
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Sad to see so many pessimistic people.