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Crowbob Crowbob is online now
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Join Date: Mar 2003
Location: NW Lower Michigan
Posts: 29,992
I don’t think the demand will resume once this crisis is over. Most people are living pchk to pchk and in serious debt.

I think this crisis will resonate with people along the lines of how the Great Depression resonated with my grandparents. Their lives were dramatically and permanently changed. So much so that even their children (my parents) who were too young to have any direct memories of the depression, made financial decisions based on what their parents experienced.

Socially, with the distancing thing, the closing of venues and restaurants, bars and schools families are being coerced into becoming closer to each other. I think it’s quite possible our materialism, need for instant gratification, and credit culture will diminish.
Old 03-30-2020, 08:13 AM
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