View source for Talk:COVID-19 recession

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{{Old moves
| title1 = Coronavirus recession
| date=17 August 2022 |destination=2020s recession |result=not moved |link=Special:Permalink/1105202625#Requested move 17 August 2022
| list = 
*RM, Coronavirus recession → 2020 Global Recession, '''Consensus to not move''', 10 Apr 2020, [[Talk:Coronavirus_recession/Archive_1#Requested_move_3_April_2020|discussion]]
*RM, Coronavirus recession → 2019–20 coronavirus pandemic economic recession, '''Consensus to not move''', 10 Apr 2020, [[Talk:Coronavirus_recession/Archive_1#Requested_move_10_April_2020|discussion]]
*RM, Coronavirus recession → Great Lockdown, '''No consensus to move, consensus leaning against''', 15 Apr 2020, [[Talk:Coronavirus_recession/Archive_1#Requested_move_15_April_2020|discussion]]
*RM, Coronavirus recession → COVID-19 recession, '''Consensus not to move''', 6 May 2020, [[Talk:Coronavirus_recession/Archive_1#Requested_move_6_May_2020|discussion]]
*RM, Coronavirus recession → COVID-19 recession, '''Moved''', 13 Jul 2020, [[Talk:COVID-19_recession/Archive_1#Requested_move_6_July_2020|discussion]]
}}
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== DYK Nom ==
{{Did you know nominations/Coronavirus recession}}

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== This recession is still ongoing. ==

I don’t know who anyone thinks they’re fooling by claiming that this recession ended, and it’s a joke to claim that it ended all the way back in April 2020 only ''two months'' after it started. The economy has yet to fully recover from the economic devastation inflicted by the pandemic, and the ongoing inflation surge, the worst seen in decades, is the greatest proof of that. This article should be amended. [[User:PencilSticks0823|PencilSticks0823]] ([[User talk:PencilSticks0823|talk]]) 05:54, 2 April 2024 (UTC)

:the recession and inflation surge are well behind us and the economy has been roaring for quite some time, maybe the best economy in 25 years. that said, there are always some who suffer permanent damage in every recession and never fully recover [[User:Soibangla|soibangla]] ([[User talk:Soibangla|talk]]) 06:07, 2 April 2024 (UTC)

== So what's the plan for the end date on this? ==

Actual hard stocks mostly recovered within a few months.

The overall economy took a few years in 1st world countries, 3rd world countries hit hard still have not recovered. 

Many of the lower  and lower middle class suffered wage and job losses that haven't recovered yet.

And with the Russo-Ukrainian War starting up just as Covid was winding down(though a year before it was declared over), a ton of places previously partway through recovery like Russia or the Central Asian nations took another huge hit. And stuff since like the Israel Gaza war has made it worse.

Many, many factors are contributing, and the problems add up faster than things can recover. Just looking at one factor like the stock market doesn't tell the whole story.

You could make an argument  this whole thing has caused a 'Depression Lite', an economic crisis worse than the Great Recession, but not nearly as bad as the 'Great Depression' (I guess it would be a Little Depression, The Little Depression?). The actual Great Depression didn't just have one root cause either. The initial 1929 shocks were mostly dealt with by 1930 and 1931, but the Dust Bowl triggered massive poverty that effected many who had been spared the initial blow. The migration this caused lead to economic buckling elsewhere. The rise of Nazi Germany and Fascist Italy and the war in Ethiopia strained trade in Europe. The Third Plague Pandemic was still active in Eurasia and had a notable flareup. And in 1937 another market crash occured undoing the period of recovery in the mid 30s.

Wealthier regions only recovered in 1939 as the build up to WW2 caused industrial booms. Poorer regions and nations didn't recover until the 1950s. A few of the absolute hardest hit areas(The Oklahoma Panhandle, which had it's struggling oil industry gutted by cutbacks in 1929 and 1930 after the crash, was then at Ground Zero for the Dust Bowl. It's population is still lower now than it was in 1910, and economically neither the farmers or oil ever really came back) never recovered.

Are we talking about the temporary stock shock and general retail instability that occured in the first half of 2020? Or is this about the general economic downturn initiated by COVID and made worse by several other major factors like the Russo-Ukraine war, conflict in the middle east, climate change, and general market downturn? Is this about the Market Crash, or the Depression that it lit? [[User:TheBrodsterBoy|TheBrodsterBoy]] ([[User talk:TheBrodsterBoy|talk]]) 04:13, 15 May 2024 (UTC)