When is the economy going to recover?

Ah, lot of people say we're going to recover fast from Cove it 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 really economy.

Other people say we will have a U shaped recovery economy crashed.

We will suffer from Cove it for one year, and then economy will go back up fast.

But other people think the recovery will look like E w way will go down, then up then down.

But eventually we will go up just like a W.

And others are not as optimistic.

They think way will never recover the jobs we lost.

We will never get back, and economy will look like the letter with No one knows what will happen in the future.

But slowly it's becoming clear our economy will not look like a U.

W V or L.

It will look like your Nike shoes.

That's Rush.

Forget the stock market.

We had a dramatic fall in every country.

Unemployment, protests, bankruptcies.

Thes problems will improve.

But the Onley improve slowly after many years, so we can Onley go back to normal bit by bit, bit by bit, like E Nike swoosh on this process will take 10 years.

This'll 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 on.

I can't help but agree with 14 million people out of a job.

It'll take years toe.

Hire them back and it'll take MAWR 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 way have really problems that need time to fix.

So buckle up, be patient and let's get to work.

Hey there, how are you?

Thank you so much for watching the video.

Try watching another video.

They're short and they're meaningful.

Also, try following this channel.

I think you'll enjoy it every day.

There's gonna be a much better video coming your way.

Thank you so much.