How Long Will The Depression/Recession Last?

[jfkbengals]

(03-23-2020, 01:19 PM)fredtoast Wrote: Economists saw a recession coming in 2019 before this virus hit.  (google "inverted yield curve").  That is why the fed cut its lending rate three times last year.

I am afraid that people will ignore all of those previous warning signs and just claim the virus caused the recession.  Obviously the virus has damaged our ecnomy but there were other issues that needed to be addressed that will now be ignored.

This ^^^^

It was coming with or without the virus, the question was just when.

The virus just forced a starting point for most industries at the same time instead of a natural course of one industry then impacting another.

With that said, I don't foresee anything improving until there is a verified treatment plan or vaccination available.