Current Events > Will the aftermath of this pandemic be worse than 9/11 and the 2008 recession?

(+) Yeah! (+)

I think the aftermath of this coronavirus pandemic will be worse than both of those combined. This will likely change the world far more than those two events. The 9/11 attacks were sudden and unexpected and led to the war on terror, but the average impact to anyone outside the Middle East was minimal. The 2008 recession affected people globally due to mass layoffs but many parts of the world actually increased their gdp during this period (mostly the developing world). The 2008 recession was also artificially created though bad loans that never should have been granted so in a way, it was expected to happen. This current pandemic is worse because it's not one hit and done, but looking like a multi-month event. The longer this goes, the more likely there will be significant changes. What I anticipate happening is a speedy continuation of the retail apocalypse, which will leave millions unemployed. (Already happened actually). What do you guys thing?

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Bump

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red_is_ash posted...

but the average impact to anyone outside the Middle East was minimal.

Brainlet take

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Can't say for sure, but then again no one can. But yes, I believe it will be worse than 9/11 and the 08 financial crisis. It's on another level actually, and could last for who knows how long. Could be 1 or 2 years even, no way to know right now unfortunately.

Easily worse because there is no observable end point for this pandemic. Plus 9/11 and the 2008 recession didn't shut down the country in the way this pandemic has.

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9/11 was our "Battle of New York"
The Coronavirus is our "Snap"


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