Comment by steveBK123

Thank you, yes. Some people posting maybe aren't old enough to remember it, but the GFC was a longer, deeper and more protracted episode with many many years for people to claw back to where they were in 2005-2006.

COVID was deep but brief, for most people in most places things were pretty good within 6-12 months. The 2021-2022 inflation, travel, spending, etc bubble tells us that things clearly weren't THAT bad. We did not have anything remotely close to that recovery from 2009-2013+...