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Scott Adams Mar 25
Thought experiment: If all governments mandated six weeks of planned, universal vacation each year at the same time, what impact would it have on global GDP? Answer: Not that much.
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Scott Adams Mar 25
Replying to @ScottAdamsSays
Our current situation isn’t like that because we didn’t have time to prepare. I only add this to the public thought portfolio to guide you away from worse analogies.
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Scott Adams
This definitely isn’t the start of a depression. It barely qualifies as a recession because nothing is “broken.” As soon as we return to work, recovery will be impressive.
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Scott Adams Mar 25
Replying to @ScottAdamsSays
So if you are trying to understand what we are dealing with here, I’d put it somewhere between an unplanned vacation for the economy and a micro-recession. More like a slap in the face than a broken leg.
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Scott Adams Mar 25
Replying to @ScottAdamsSays
The next few weeks will be rough. But no one will go hungry. We’ll all be smarter, and civilization will be stronger. You will forever be proud of what happened in 2020.
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Marc Mar 25
Replying to @ScottAdamsSays
I’m loading up on stocks. Big names that took big hits. Recovery will be sweet for my IRA.
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Mousewrangler Mar 25
Replying to @ScottAdamsSays
That's what I'm thinking... this is more like the post 9/11 dip, caused by an external event. Recovery may not be that quick, but it will be quicker than 2008. Of course, not having Obama as president will speed up any recovery.
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Yoav Susz Mar 25
Replying to @ScottAdamsSays
I so hope you are right...
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Cryptoraptor 🦖 Mar 25
Replying to @ScottAdamsSays
When the economy roars back I wonder what all those people that are trying to lay the economic downturn at Trump's feet will say.
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bazelwood Mar 25
Replying to @ScottAdamsSays
This is delusional. Things are not going to just pop right back. Our company already had a plan in place for next 4 months and immediate rehiring is not going to happen.
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Exoscope Mar 25
Replying to @ScottAdamsSays
I want to believe you are right, Scott. Thanks for these words of hope.
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Wally Pollock Mar 25
Replying to @ScottAdamsSays
Many small owner/operator enterprises will not return to work. 6 weeks zero cash flow will wipe them out. This will not be a V shaped recovery.
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Dr. Harold Chang PhD.🇺🇸 Mar 25
Replying to @ScottAdamsSays
back to boomer posting i see
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Dr. Harold Chang PhD.🇺🇸 Mar 25
Replying to @ScottAdamsSays
no offense intended. hope is cool...
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