Quote:
Originally Posted by WolfpackS2k
The economy is gonna bounce back quicker and be extra strong. There wasn't anything wrong structurally with the economy before COVID, things should get back on track. Big hiccup ahead will be everyone shifting away there interactions with China.
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Going outside of the total economy and focusing purely on automotive things look different. The industry was already starting to head into decline in 2019. The manufactures recognized this and were already making preparations. Then Covid came along and gave a knockout punch. There will be no quick recovery for automotive.
Pre Covid news. There is plenty more of the same.
https://www.cnn.com/2020/01/20/busin...ion/index.html