I am sticking to my belief that the market has not priced in the long term damage that has been done to the economy by shutting it down and printing the money to pay for so many people sitting at home.

There is a large swath of people who think the key to market recovery is flattening the curve, and while that is important, there has been long term damage done and the longer we sit at home the worse that long term damage will be.

There's no free lunch. You can't just tell everyone to go on vacation and print the money to pay for it without consequences.

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