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today with the help of my economics
degree I want to answer the most
important question when is the economy
going to recover a lot of people say
we're going to recover fast from Corvin
economy crashed fast but it will go back
up very fast just like the letter V in
fact the stock market just recovered and
it looks like a V but the stock market
is not the real economy other people say
we will have a u-shaped recovery economy
crashed we will suffer from kovat for
one year and then economy will go back
up fast
but other people think the recovery will
look like aw
we will go down then up then down but
eventually we will go up just like a
deaf ear and others are not as
optimistic they think we will never
recover the jobs we lost we will never
get back and economy will look like the
letter
no one knows what will happen in the
future but slowly it's becoming clear
our economy will not look like a u WV or
L it will look like your Nike shoes the
swoosh forget the stock market we had a
dramatic fall in every country
unemployment protests bankruptcies these
problems will improve but they only
improve slowly after many years so we
can only go back to normal
bit by bit like a Nike swoosh and this
process will take ten years
this isn't just my opinion this is the
US government's opinion the
Congressional Budget Office predicts
that we will go back to a full recovery
in the year 2030 and I can't help but
agree with 14 million people out of a
job
it'll take years to hire them back and
it'll take more years for my mom to feel
safe to travel again
so yes the stock market bounced back
like a V but the stock market is an
illusion we have real problems that lead
time to fix so buckle up be patient and
let's get to work
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