When will the economy get back to "normal"? Was it normal when we left it before the shutdown? Do we want to go back to the simulated reality we were collectively sleeping in before the lockdown began?
Prepare to wait a long time before we see "normal" again.
Cashiers in New York work inside of plastic bubbles. Companies are so scared of being sued they are putting everyone in bags and gloveboxes:
https://www.zerohedge.com/health/post-corona-world-cashiers-work-inside-plastic-tents-supermarket-philadelphia
The NFL is announcing cuts and furloughs five months before the season begins. What does that tell you about a "V" shaped recovery?
https://www.zerohedge.com/economics/what-nfl-telling-us-about-economy
A cascade of meat shortages may be on the way. Meat and poultry companies are so scared of lawsuits they are having producers cull animals amid shortages. How bad? Up to 40% reduction in meat availability:
https://www.zerohedge.com/health/why-meat-shortages-are-going-be-much-worse-most-americans-are-anticipating
With meat and NFL on the chopping block, expect to see new normals prevail. The media is hiding alot of these facts amid cheery pieces lauding the stock market recovery. We have 30-million unemployed Americans amidst a 30% rise in the stock market:
https://www.zerohedge.com/markets/30-30-30-million-jobless-claims-vs-30-gain-equity-prices
Good luck out there guys. The lockdown has been transformative.
Sources:
Image made by me on Imgflip meme generator:
https://imgflip.com/memegenerator
From may until now is the question still when or will.. as in will it go back to Normal? Or do we consider a "new" normality altogether by this point.