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Economic Fallout of all this
at 07:45 13 May 2020

Whilst many people are enjoying being at home, on 80% (from the Govt) and probably expect this to continue as they push back against returning to work

the economic fallout of this is starting to materialise.

5% drop in GDP in 1st quarter (up to Mar 20). That is the biggest drop since Oct 2008.
Look at the state of everything there after.

all sorts of economic commentators are saying that 5% is a drop in the ocean compared to what is expected in the next quarter. Essentially, 20% drop in GDP will be viewed as a Massive result!!!

Ultimately, we will all have to pay for this!

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BillyBrag

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