Corona Virus/Dow Jones taking a hit/possible recession

*sdp* · 03-19-2020, 10:33 PM

Economically we're going to be worse off than in 2008, it'll be a bigger recession. covid19 only worsened what was going to happen, the market had been in a bull run since the 2016 elections without any long term economical policies to back it up so it was going to come to a halt, add a few world events that cause chaos in the market and top it off with a pandemic that is paralyzing the world and it's what you get. Let's hope for the best.

I find it odd how people are still downplaying the pandemic, why would countries worldwide, rich and poor cripple their economies taking drastic measures to resist this virus if it's not that bad. I also don't think it's the end of the world, but it's not going to be a fun time and not a situation to ignore.

03-19-2020, 10:33 PM	#17
sdp Detoxed Member Join Date: Feb 2005 Location: Tokio, Italy Posts: 11,227	Economically we're going to be worse off than in 2008, it'll be a bigger recession. covid19 only worsened what was going to happen, the market had been in a bull run since the 2016 elections without any long term economical policies to back it up so it was going to come to a halt, add a few world events that cause chaos in the market and top it off with a pandemic that is paralyzing the world and it's what you get. Let's hope for the best. I find it odd how people are still downplaying the pandemic, why would countries worldwide, rich and poor cripple their economies taking drastic measures to resist this virus if it's not that bad. I also don't think it's the end of the world, but it's not going to be a fun time and not a situation to ignore. __________________ *Trapt* *urself Page MiscRave!!!* Click to join The Drome Discord server