zzzz Posted August 17, 2020 Report Share Posted August 17, 2020 The governments have to keep the money flowing to the people and the businesses who have lost money to the pandemic, less there will be more social unrest. I don't think there will be a major crash as long as the money keeps flowing. Eventually the people will be immunized or get used to the new normal. The economy looks like it's in the middle of a 'V" shaped recovery -- the S&P500 lost about a third of it's value last March but recovered most of the losses. Link to comment Share on other sites More sharing options...
Coss Posted August 17, 2020 Author Report Share Posted August 17, 2020 I was listening to a chap on the radio box today who was saying that the V shaped recovery is now starting to look like a U and possibly flat one... Link to comment Share on other sites More sharing options...
zzzz Posted August 17, 2020 Report Share Posted August 17, 2020 Maybe a "W" shaped. There is a downside to the governments printing more money to help the people and the businesses affected by the pandemic -- HYPERINFLATION. A good place to be in hyperinflation is gold, which has been going up lately. Also, real estate and commodities. Link to comment Share on other sites More sharing options...
gene1944 Posted August 17, 2020 Report Share Posted August 17, 2020 hmmmm I wonder if Warren Buffet is reading this thread. 😀 Link to comment Share on other sites More sharing options...
Mekong Posted August 17, 2020 Report Share Posted August 17, 2020 I Could be an economist, it seems all they do is eat Alphabet Spaghetti, take a dump to see what letter comes out and Voila they know the recovery. Bunch of arse if you ask me, bunch of overpaid nobodies trying to validate their existence. Link to comment Share on other sites More sharing options...
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