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In what recession do people not retreat to their homes? Recessions are usually associated with higher levels of unemployment, presumably with that extra time spent at the home (as opposed to going out, and spending money).



They weren't mandated to stay at home by their governors before. It's quite different.


Stay at home is a short term change in the behavior. But people losing their jobs and changing their spending habits will have long term effects as well.


The lockdown will in now way outlast or run any where near as long as the recessions we have coming ahead.




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