I might write something up based on this. There are three aspects to what @EconguyRosie is saying:

1. Is this a depression?
2. How do you do macro policy now?
3. How do you invest now? /2
Ky quote tweet of @TheStalwart on Rishi Sunak gets at question #2 about policy. Sunak seems to be saying that he wants the UK to limit stimulus (to save the next generation). Will that work? /3 https://twitter.com/edwardnh/status/1313111354291752960?s=20">https://twitter.com/edwardnh/...
As for the depression question, I talked about this in April already. You need duration, diffusion and depth

https://pro.creditwritedowns.com/p/my-take-on-the-three-ds-of-depression

We">https://pro.creditwritedowns.com/p/my-take... got depth and diffusion right from the word go. That& #39;s what a global shutdown will do. But will we get duration? /4
When I write this up, I& #39;ll append it to this thread.
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