Quote:
Originally Posted by yonexsp
They are not panicking
"Goldman Sachs now says US GDP will shrink 24% next quarter amid the coronavirus pandemic - which would be 2.5 times bigger than any decline in history"
This is as it says 2.5 worse than the great depression.
Wishful thinking is not going to stop the asteroid from smashing everything to smitereans. Luxury watches will be the last thing on peoples minds in 6 months.
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I find it interesting how some people are not grasping this. Perhaps it's just wishful thinking or they are in denial?