Prediction: when the coronavirus lockdowns end, people are going to realize that we're in a depression & their jobs/businesses aren't coming back (b/c The Everything Bubble has burst).
We're going to have mass protests & riots that will put Occupy Wall Street in 2011 to shame.
— Jesse Colombo (@TheBubbleBubble) March 29, 2020
Over the weekend there were reports that South Africa may approach the IMF for support. Key issue is the Rand, which our valuation models said was 15% overvalued as of Nov 2019. The Rand has fallen sharply since (pink), but everyone else has fallen too. Big overvaluation remains! pic.twitter.com/p9nKOKwtWs
— Robin Brooks (@RobinBrooksIIF) March 30, 2020
Analysts at Berenberg believe the outbreak will mean all advanced economies will suffer a recession this year.