I fear this is what makes a recession a depression...I’m just a number cruncher, so what do I know lol.

We're entering a depression.

This was rural Montana where the economy is historically depressed, and the locals referred to the area as "poverty with a view."

I just read an article about how NY is proposing a CANCELATION of rent.I also listened to a couple of podcasts from some of my favorite and most respected business idols claiming that we are on the verge of a major DEPRESSION...I too have my own theories about the totally wrecked balance sheets, the terrifying overleveraging as in relation to income, and P/E ratios that are out of control of many of the world's leading corporations...not to mention why so many of the world's leading CEO's just stepped down in the last 6 months (google it) Given those facts, we may just be on the verge of a depression. 

For me I would not be that doom and gloom with an 18 months of global depression as being the most likely outcome.

Robert Kiosoki calls the virus a hoax, i don't know if i'd go that far, but it definitely looks like a skapegoat for the depression.

Even financial projections don't count much either; the seller is not the one improving the building and we are likely heading into a depression.

It will be incredible returns if that is how it works out, I think it takes longer to come back from what will turn out to be a long depression though and the returns will still be great but with a much longer payoff.

He suffered through another episode of depression and didn't bath, showered, shaved or got haircuts for months.

https://apple.news/APUFQQwoyQN6GYV1bz217-gIf things like this go nationwide it will get bad fast. Much worse than a run of the mill recession. And while people want to blame it on the virus our economy & society h...