Honest opinion, how bad do you think this is going to get?

Kudos to you for admitting your miscalculations of the severity of this crisis. You are not the only one. I noticed that many people quickly forget what they thought in the past & only think in the present. It’s very hard to speculate about the future if you can only remember the present IMO.

I guess we are opposite of each other on predicting the future. On Feb 24 on the “Coronavirus at Sea” thread you told me you thought this was only a hiccup while I was double lining my tin foil hat & stocking up on ninja swords & beef jerky. Now I think things are going to get better really fast while you think we are in it for the long haul. It’s a crazy world. One thing that I always monitor is the world PMI index which is the projection of purchasing managers throughout the world. Historically it has been a reliable resource for guessing the future. But it matched your incorrect projection back in February & matches your current gloomy projection being well below 50. Only time will tell. But I think people are going to want to spend money & live life to the fullest once they see the light at the end of the tunnel. The black plague gave us the Renaissance & the Spanish Flu gave us the Roaring 20’s. I expect history to repeat itself with this global shut down. I think it’s going to be a hell of a ride. People will be braver once this is over IMO.

Comments 43, 45 & 48.

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