Quote:
Originally Posted by underscore
You guys seem to think shutting down is the only path that has a negative economic impact.
What happens to the economy when something like 30-50% of your population is incapacitated for 2-6 weeks and 10% of your population die?
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I must say that I am surprised at the personal damage economically this is causing in such a short time. Shutdowns, lay offs have only been weeks, not even months. In terms of personal finance, what happened to the wisdom of having 2-3 months of cash for a rainy day. This is that rainy day.
I'm actually finding myself spending a whole lot less so the emergency fund should last 3-4 months, I mean it's paired down to rent, groceries, hardly anything on gas (so low anyhow), ICBC (cancelled on the other car), no going out to eat (saving lots).