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- #11,651
10 years? That's very extreme. It won't take nearly that long. I am thinking 2021-2022 as well. Seems like people are jumping right back on the horse pretty quickly as things open up. There is no reason to think a decade will pass before things are cranking again.
Do you really think nominal GDP in a year? Maybe 18 months?
Despite a complete overreaction, what is done is done, but I am genuinely not sure how it would even be possible to get GDP back to nominal in that short of span. Expectation is a full 12% drop in 2nd quarter, with unemployment tripling. As a numbers guy, how would that shake out?