Are There Lessons From the Great Recession for the COVID-19 Pandemic?
Pro Builder
MAY 29, 2020
Though not officially a recession as of mid-May (we’ll have to wait for that declaration by the National Bureau of Economic Research), the downturn precipitated by COVID-19 is being compared with 9/11’s impact on the 2001 recession. If the market did roll over, he might have to lay people off, but would not be stuck with land debt.
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