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Discussion on: How are you preparing for the recession?

 
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Sebastian Vargr

I don't think pandemics really compare to war and terrorism.
Those situations are typically more geographically localised issues.
So they have less of an impact on global wealth distribution.

So i consider this is lot's of new actually. :)

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Ghost

more reason to not assume a crisis, it may or not result in one, and that's my point, crisis usually are because of markets readjusting to a misrepresented value, this is not the case, in this case is just a change in the demand and a hold in some cases, services industries are not disappearing, they are only in a hiatus. People will not stop going to the movies, they just stopping for now, if some industries get permanently reduced because the market realize that remote is possible, well, is just a natural change made quicker. New shouldn't result in panic, in fact there are many positive changes because of this, things are more often than not a mix of good and bad; mainly because there is no "good" or "bad", the advent of the internet was bad for some, bad for many in fact. But was also good, many things that happen nowadays are new and we could panic about any or all of them; we could panic about climate change, or we could calmly solve it; we could panic about the potential disastrous effects on quantum computing and the current cryptography and overall systems that rely on them, or we can solve it. We face new things constantly, panic has helped no one, ever. Act based on fear is never wise. Of course this thing is a new thing, we'll hopefully learn about it and move on, just think how lucky we are that the first global pandemic (kinda redundant but to illustrate the point) was with a virus so mild, imagine this same scenario with something more lethal, more contagious; for the next pandemic (yes, this is not gonna be the last, the world is getting more connected every day), we will be much better prepared. Maybe it helps to give more importance to STEM, to stop worrying about dumb things, 2020 and we still are debating if the amount of melatonin in the skin make some difference beyond its color, people wanting to control with whom other people should or shouldn't have sex or if other people should or shouldn't identify themselves with whatever gender they feel like. Maybe we get out of this a little less petty, a little less selfish and a lot more organized. Is this whole situation good, with unicorns and rainbows? hell no, many has died, many are having hard times, but is this all bad with rivers of blood and hellfire? not either. Is new, it'll have some effects, we'll deal with it.

And about being localized, I'm in Chile, which is unofficially in the ass of the planet, we even look like a tail. And here we have felt all the messes in the US; what is decided in the US or Europe is swiftly followed by the rest of the world, geographical boundaries are not as well defined anymore; problems in Haiti and Venezuela, for example, made immigration to here a lot bigger, and that was new, it had it's good and bad things with it; some panicked and after all, it wasn't such a big deal. We should know, he often sell change, is hard, but is our business ;)