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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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17927480 No.17927480 [Reply] [Original]

What, exactly, is preventing the global economy to get right back to where it was pre-pandemic after all this is over, granted that the workforce won't be heavily culled?

We still have all infrastructure and manufacturing needed to do exactly what we did before. It's not like any of it was lost, like it would've been in a war. It was merely put on hold to stop the spread of a virus.

It's literally just a reduction of arbitrary numbers. We still have everything physical needed to keep on going.

>> No.17927506

>>17927480
That's where its going to go. The virus is literally only killing old sick boomers.

>> No.17927549

>>17927480
The virus isn't the only thing effecting the economy

>> No.17927574

>>17927480
you ever wonder you don't hear any news or ever see any news networks from other countries outside of the usual main 5-10 ones?

You ever wonder why there's a amp up in botposting and why they want the streets clear and the commercial areas liberated?

Renovations.

>> No.17927578

>>17927549
What other tangible thing is?

>> No.17927626

>>17927480
the us has a massive underemployment problem thats not being addressed coupled with insane housing prices. broh we've been running on fumes for 5 years.

>> No.17927647

>>17927480
This is why I'm buying the fuck out of this dip and BDK (bidesk's token) in general.

Over panic'd.

>> No.17927651

>>17927578
Saudi Arabia and Russia dropping oil prices to extremes the US can't handle, JP Morgan buying up all the Silver, Silver and Gold mines closing, The stock market going into a recession, and of course an ever increasing national debt

>> No.17927660

>>17927626
I'm not just talking about the US, but the entire world. But as >>17927506 said, once a good portion of old and sick are gone, we'll have both issues fixed.

>> No.17927687

>>17927651
Literally all arbitrary numbers.

>> No.17927713
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17927713

>>17927480
Once the pandemic subsides things won't be like they were before, not even close. We'll be in a recession as a best case scenario, and a complete collapse as a worst case scenario. Many, many people will lose their jobs and wealth as a result of all this. It's going to take years to recover from the economic fallout which has begun.

>> No.17927741

>>17927687
They would be if the current US economy wasn't built around international finance, oil, and other global things. We aren't a self contained system.

>> No.17927749

>>17927713
Only because people will let it happen. Again, literally nothing tangible has been lost, apart from some lives.

>> No.17927775

>>17927741
And if everyone globally decided "well, that was shit, let's all forget the last couple of months ever happened", we'd be able to lose nothing from it.

>> No.17927890

>>17927775
all businesses refuse to charge for services and majority of debts paused?

>> No.17927916

>>17927890
>debts
And there it is.

We'd have to ignore the debts. And that would NEVER fly.

>> No.17927938

>>17927775
holy fuck go back to school

>> No.17927949

>>17927775
Yeah right, as if anyone outside of NATO would do that lol. The one opportunity they have to go up to the US and say "Pay up the Debt" they aren't going to miss that once in a lifetime opportunity even if we don't have the money.

>> No.17927950

>>17927938
Fucking refute me, then.

>> No.17927998

>>17927949
>as if anyone outside of NATO would do that
Because greed > stability. Doesn't change the fact that it could be done no problem, if everyone agreed to do it. But even a massive, horrible, global event like this that, if not properly handled, could send the world into chaos, won't make psychopaths throw greed out of the window for a moment.

>> No.17928072

>>17927480
>We still have everything physical needed to keep on going.
The market has been operating way above the physical capabilities of the world. Our operation capabilities were being settled on fairy dust for quite some time and now the markets realized it

>> No.17928162

>>17927749
wrong. Production and distribution supply chains will be completely fucked due to forced closure of restaurants. Businesses simply won't have enough revenue to continue operating - ESPECIALLY from sales dropping due to mass cutting of wages/hours and unemployment.

>> No.17928209

>>17928162
>won't have enough revenue
Arbitrary numbers.

The demand will still be there. Just need to get started again - get goods and customers to the stores.

>> No.17928329

>>17927480
A lot of companies are literally going to close and go into bankruptcy.
People will be out of jobs they won't be able to recover.
A few million people will die.
Etc etc.

>> No.17928355

>>17927998
I think you're misunderstanding me. I'm saying that the debt collectors will do something bad to us the moment they have the chance.

>> No.17928368

>>17927775
based retard

>> No.17928384

>>17927480
GDP will be exactly the same but stonks will be in the shitter
Dont confuse the stock market and the economy they are separate and often contradictory entities

>> No.17928385

>>17927480
fear?

>> No.17928459

I blame /pol/ for these threads, GTFO you fucking commies and literal children
>>17927775
Stop posting you literal retard

>> No.17928479

>>17928459
>unironic kidposting

What I've concluded from this thread is that the answer is "debt", so it's the jews as always that are holding everyone back.

>> No.17928490

Nothing. Which is why the biggest buying opportunity in our fucking lives. This virus will pass in a month. The fear will dissipate. The cogs of the economy will start right back up. Take that second job, Uber, suck dicks, anything just shovel cash into the market in April. You could be retiring by your late 30’s.

>> No.17928682

>>17927480
Debt. Corona isn't the main event, just a trigger for popping the corporate debt bubble.

>> No.17929075

>>17927775
So you're asking that all debt gets pushed back? All contracts that had dates attached to them get pushed back? You're a mongol.

>> No.17929112

>>17929075
The alternative is so, so much worse. But again, greed>stability.

>> No.17929134

>>17929112
I don't think you understand what you're asking. You're asking for millions of actors within the market, and billions of economic actors, to come to a consensus. You're asking for something along the lines of world peace.

>> No.17929164

>>17929134
Again, consider the alternative.

I'm not saying it's plausible. I'm saying it's possible, if jews stopped being jews for a fucking moment.

>> No.17929202

>>17927480
The same thing that prevents most societies from immediately bouncing back to pre-recession levels: uncertainty in the market. There was no actual loss of physical infrastructure during the housing crisis but it still fucked us good; why?
Because people lost confidence in the market to be a good place to invest their money. It’s about how banks stop investing in new businesses to help them grow, thus reducing the amount of people who can be hired and thus reducing the amount of spending money people have, which feeds back into the low number of businesses that actually succeed when they do get loans