Great Depression 2020?
CaseInterview.com
APRIL 1, 2020
If 25% to 35% of your wealth disappears overnight, you feel poor; you spend less money and that impacts everyone else in the economy even if they didn’t lose money in the stock market (business have fewer sales, they do layoffs, workers have less money then spend less money as consumers). As long as everything is stable, this works just fine.
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