Discussion » Statements » Rosie's Corner » Typically ordinarily normally how long does it take a very badly TANKED economy to come roaring back stronger and better than before?
RosieG

Typically ordinarily normally how long does it take a very badly TANKED economy to come roaring back stronger and better than before?

Weeks? Months? Years? Decades?


What's the fastest a tanked eonomy ever came roaring back? Which country? When? Why?

Posted - May 9, 2020
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Responses


  • 44802
    It may come back slowly. Half of the 16K I lost has come back. I'm glad I didn't panic.
      May 9, 2020 8:49 AM MDT
    1

  • 113301
    I am very happy to hear that m'dear. Jim initially lost a bundle (to us of course $10,000 IS A BUNDLE) because he has an investment TIED to the stockmarket. I don't. I have a modest annuity and I am GUARANTEED 3% a year no matter what. That suits me to a T because I need to know WHAT I CAN COUNT ON. Jim's is coming back too but it was very scary there for awhile. Thank you for your reply. You know it's kinda hard NOT to panic if you aren't loaded/obscenely wealthy. We'll see how it goes. What options do we have? Thank you for your reply! :)
      May 9, 2020 10:02 AM MDT
    0