Quote:
Originally Posted by redneck
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Read the OP’s first post.
Future Recession
Yes the whole world is now in recession.
Thanks Mr. Obvious for pointing that out... 
We will be fine.
No infrastructure has been lost.
Hopefully, little to no workforce will be lost.
Consumers are still going to consume and need the essentials at the very least.
The travel industry however is probably in trouble in the short term.
Relax.
We’re still in good shape.
It’ll take time to return normalcy.
Nobody’s throwing in the towel yet... 
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Nobody is throwing in the towel but it seem pretty obvious that this recession is just getting started and is going to be worst than the 2008 / 2009 recession.
We aren't talking about just the travel industry. We are talking about entire cities / states shutting down for weeks or months. Here in Portland all restaurants are closed, all bars are closed, all sporting events, concerts, shows, and movies are cancelled. More industries are expected to be ordered to close tomorrow as they have in other states.
Steve Mnuchin is talking 20% unemployment rates. That is double 2009. Only 15 states have announced unemployment filings for last week and we are already up to 630,000 people filing for unemployment last week. That matches the worst weeks of 2009 with 35 states still to report.
Yes, we will get through it but it is going to be a rough ride.