Ask HN: Is an economic crisis approaching post Covid-19?
2 comments
Depends on who you ask. Nobody can predict the future, otherwise they'd be a stock market Billionaire.
I see an economic crisis brewing in the distant future. Our economies are based on consumption. I don't think we can grow consumption indefinitely, especially if that means growing the population.
I see an economic crisis brewing in the distant future. Our economies are based on consumption. I don't think we can grow consumption indefinitely, especially if that means growing the population.
To make myself eligible for some precog society I say we will see a major downturn worldwide in Oct 2020.