Is an economic crisis approaching post Covid-19?

Question

thrawa567 · Accepted Answer

Short answer: yes, we will see another financial crisis. Probably in fall 2020. In terms of economic cycle, covid was just bad luck and did not lead to corrections - on the contrary.To make myself eligible for some precog society I say we will see a major downturn worldwide in Oct 2020.

giantg2 · Answer

Depends on who you ask. Nobody can predict the future, otherwise they'd be a stock market Billionaire.I see an economic crisis brewing in the distant future. Our economies are based on consumption. I don't think we can grow consumption indefinitely, especially if that means growing the population.

Is an economic crisis approaching post Covid-19?

Is an economic crisis approaching post Covid-19?

Short answer: yes, we will see another financial crisis. Probably in fall 2020. In terms of economic cycle, covid was just bad luck and did not lead to corrections - on the contrary.
To make myself eligible for some precog society I say we will see a major downturn worldwide in Oct 2020.

Depends on who you ask. Nobody can predict the future, otherwise they'd be a stock market Billionaire.
I see an economic crisis brewing in the distant future. Our economies are based on consumption. I don't think we can grow consumption indefinitely, especially if that means growing the population.