Saturday, October 3, 2020

The Pandemic Depression Is Over. The Pandemic Recession Has Just Begun.



There is a straightforward narrative of the economy in 2020: The world shut down in the spring because of the coronavirus pandemic, causing an economic collapse without modern precedent. A sharp recovery began in May as businesses reopened. That is accurate as far as it goes.

from Pocket https://www.nytimes.com/2020/10/03/upshot/pandemic-economy-recession.html
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