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Comment by ericsoderstrom | Hacker News Reader

> the effects of the global domino triggered by conoravirus will echo for many years to come.

Why? As far as I know there's no underlying systemic financial reason for a depression or recession. The virus sucks. Some companies will no doubt have a bad quarter or two. But viruses pass, and this one will too.

> I'm afraid that in this new reality my software/management skills won't be of any use in 6 months.

That seems hyperbolic.

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> Some companies will no doubt have a bad quarter or two.

That seems like an understatement. 99.9% of businesses in the USA are small businesses. Most that I know will be lucky to survive a month of this, without serious government assistance.

I think 6 months of lock downs or stay at home would show a lot of companies are not prepared to not have income. Businesses going out of business aren't coming back, along with the jobs they provided.

Sure. But if there was a need for the goods and services those companies provided before, then there will be a need for those goods and services again. I don't think enduring financial collapse logically follows from even an extended quarantine.

I don't think that is necessarily true. Something like gamestop won't come back, individuals who put everything into a small business might not recover and try again. A lot is happening at one time.

Something like Gamestop not coming back doesn't mean those dollars aren't still going to flow to gaming

It's not just gaming, there's employees, local taxes, rents, physical distribution.

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