All had massive amounts of domesday comparisons to the Great Depression.
None came close.
Irrationally businesses being hit hard is a normal part of the economic cycle.
The big question is “is this recession going to reveal some hideous flaw in our financial system we didn’t know about and couldn’t plan for.”
So far the answer is “no” - just like the dot com burst, and unlike the Great Recession and the bond crisis of the early 90s.
All had massive amounts of domesday comparisons to the Great Depression.
None came close.
Irrationally businesses being hit hard is a normal part of the economic cycle.
The big question is “is this recession going to reveal some hideous flaw in our financial system we didn’t know about and couldn’t plan for.”
So far the answer is “no” - just like the dot com burst, and unlike the Great Recession and the bond crisis of the early 90s.