Like the runup to COVID, everyone is just shambling along pretending that nothing’s happening. Even if the strait is opened tomorrow, inventories will continue to fall for some time. This is going to be a serious crisis.
I am really not looking forward to whatever bullshit laws they try to force through during the crisis.
nxm•46m ago
And just like Covid, where I recall almost everyone on HN believed it'd be the end of the world, the world will adjust and will get through this just fine.
bell-cot•36m ago
> ... like Covid, where I recall almost everyone on HN believed it'd be the end of the world ...
Looking back, but don't see that. Maybe I'm just failing to hit Peak Doomer?
“Getting through” a crisis is almost guaranteed short of a planet killing asteroid. We also “got through” WWII, although it was an extremely unpleasant time.
Covid (and the response to it) caused the deepest global recession since the Great Depression. It was a big deal, very damaging to the global economy, and generally a miserable time for most.
iamnothere•1h ago
I am really not looking forward to whatever bullshit laws they try to force through during the crisis.
nxm•46m ago
bell-cot•36m ago
Looking back, but don't see that. Maybe I'm just failing to hit Peak Doomer?
For example - https://news.ycombinator.com/front?day=2020-06-09
iamnothere•32m ago
Covid (and the response to it) caused the deepest global recession since the Great Depression. It was a big deal, very damaging to the global economy, and generally a miserable time for most.