[2006alum]

But the crisis is a result of inaction.  The extreme economic damage is a result of that, not something unavoidable.  What is the long-term economic damage you refer to?  There must be some, but much of the economic shortfall is consumption, which has a much smaller long-term effect than investment.  Certain industries, such as airlines and cruises, may be impacted long-term, but there will be other industries that will be stronger and bigger.

Indeed. This bears repeating, endlessly if necessary:

[tweet]https://twitter.com/DrEricDing/status/1241116464746291202?s=20[/tweet]

[2006alum]

But the crisis is a result of inaction.  The extreme economic damage is a result of that, not something unavoidable.  What is the long-term economic damage you refer to?  There must be some, but much of the economic shortfall is consumption, which has a much smaller long-term effect than investment.  Certain industries, such as airlines and cruises, may be impacted long-term, but there will be other industries that will be stronger and bigger.

Indeed. This bears repeating, endlessly if necessary:

[tweet]https://twitter.com/DrEricDing/status/1241116464746291202?s=20[/tweet]