UNCjigga
Lifer
- Dec 12, 2000
- 24,937
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If we can start getting back to normal by July (I.e. treatments available to kill virus; testing everyone within 15 minutes = no more social distancing unless you’re infected = bars/restaurants/businesses open; borders back to normal; airports/airlines back to normal summer loads) then I don’t think it’ll be worse than 10% unemployment.
The real danger is if this goes through the end of summer, we miss a full tourist season, and the virus picks back up in the Fall. Then you’re looking at up to 50% unemployment and banks failing.
The real danger is if this goes through the end of summer, we miss a full tourist season, and the virus picks back up in the Fall. Then you’re looking at up to 50% unemployment and banks failing.
