When will the economy turn around? The coronavirus recession, explained. | Vox


The first prerequisite for economic recovery will be a public health solution: widespread testing, tracing of possible infections, antibody testing for immunity, adequate supplies for the health care system, and so on.

The coronavirus outbreak will need to be firmly under control before the economy can resume anything approaching normalcy, and we just don’t know yet when the public health breakthrough will happen.

Consumers need confidence that participating in the economy won’t get them or their loved ones sick before they will revert to their typical economic activity.

Source: When will the economy turn around? The coronavirus recession, explained. – Vox

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