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Originally Posted by japhi
Exactly, this thing is only getting started.
I don’t think people fully realize how integrated commerce is. We are going to hit depression era employment levels. GDP levels we haven’t seen in 20 years. RE market is going to get crushed and I bet a significant portion of the hobby is debt financed.
The best and most desirable cards will be fine but they represent a very small portion of the overall hobby. My guess is overall transaction volume has dropped substantially and will continue to drop. April is when millions of Americans won’t be receiving any income, for now most folks layed off are getting their two weeks.
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Matt I agree with most of what you said, spot on. However, I do not see depression era employment levels coming.......