" The economy can recover. It did from both the great depression as well as the great recession. It will take time and will be painful but it will come back." Chuck. I'm going to disagree with you and give you 3 yeah your probably rights. We had an economy built on excess. After a stay at home for 2 months or more people will find they don't need as much. No $1200 handbag, no new car every three years, no fancy dinner out, no health club membership. and countless things i missed. I have had my wife cut my hair. I'm happy with the results. I have not had a doughnut in almost 2 months. I don't miss them.
Who will take up the rents in shopping distracts? Who will want to rent a large space for a restaurant? Seating will be a limited number. Who will travel? Lets see what they do with the Jersey shore this year. You wanna go to Disney? or a movie theater? How about elbow to elbow with somebody? in a plane, a ballpark? I do a lot of trade show transportation and setup for people. My guess would be that part of my business is over. My clients are at a point in their life where they don't want to reinvent a business. I don't blame.
Financially this wont effect people with a guaranteed pension and social security. I don't blame them either. they got out at the right time. everyone else will have a hard climb back to reality. Those pipes are calling ole Danny boy and your gonna need a pot of gold to pay.
It's that financial house of cards. I hope i'm wrong. Its not the virus that got people. it's that fact they could not weather a 2 month long financial storm. Most of them did not even try to make it through. They just tossed their hands in the air and said " Try to get paid. what are you gonna do? I owe to much."
