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  • Maybe not.

    If business go bust now, people can retrain and perhaps find different work. While some industries will suffer. Others will flourish.

    The capitalist world is a tough one. Ray Dalios principles has a good one: evolve or die. And it's true here. Business and people that can evolve will thrive.

    Local cafe should hire a bicycle deliver persons and deliver to all the people working at home.
    Barista could become a child minder. Etc.

    I am not saying that's right or fair. But it is life.

  • I’d broadly agree.
    I do think the deeper we go in recession the longer it’ll take to come back though but I fix processes so what do I know 🙂

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