Quote:
Originally Posted by OMG!WTF!
I hope cause it's a fast decline it will be a shorter recession and a faster rebound. It took a year to hit bottom in 2008. It felt like a thousand cuts then. This feels like a decapitation.
|
RBC is predicting a major recession lasting through the summer and fall. This will not be short. Recovery from a truly global hit will take a couple of years, at least.
I am done. Sold everything this morning. F... it.