This is a possible scenario and relief is welcome. However there is a difference with past recessions; a lot of money is put in the system and credit will not be available as it used to be. I doubt that we'll see another 1300% rise in a retailer this time. People have to rebuild their 401ks and credit scores. Where will that money go? I think it will go to governments and infrastructure projects not towards consumables.
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This is a possible scenario and relief is welcome. However there is a difference with past recessions; a lot of money is put in the system and credit will not be available as it used to be. I doubt that we'll see another 1300% rise in a retailer this time. People have to rebuild their 401ks and credit scores. Where will that money go? I think it will go to governments and infrastructure projects not towards consumables.
Oct 28 12:12 pm
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All Comments by Fabien Hug »Relief Is on the Way [View article]