Thursday, May 21, 2020

What Will the Recovery Look Like?

I've no insight, but since when does that stop a true blogger?

Personally I think it will be slow-fast-slow. 

  • the first slow will because the majority of people won't be risk-takers, they'll let others be the trailblazers.
  • the fast will be as people realize that it is relatively safe--isolated incidents but nothing drastic enough to cause major political subdivisions to revert back to a lock-down.
  • the second slow will be because of the drag on economic activity from the measures taken to minimize risk plus dealing with the economic damages of the pandemic--the closed restaurants, the half-empty nursing homes, etc.
We'll see.

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