The loss to the economy will be devastating. 3 months is a conservative estimate, with some suggestions that we may need to keep much of society on lockdown until a vaccine is available. We would need hundreds of millions of doses to be produced and administered. I very much doubt that is happening in much less than 12 months.

Large sections of the economy will be simply wiped out. I’ll repeat, there are 2 options…print to infinity, or hit a big shiny ‘reset’ button. Both are very bad.

Global stock markets will not be recovering anytime soon. Zero economy, and zero confidence about what sort of a future we will have.

Things that society NEEDS will rocket in price. Things that society used to WANT (but not need) will collapse.