It's not just a few months though; a 0.2% recession (say) quite possibly transla... | Hacker News

Hacker Newsnew | past | comments | ask | show | jobs | submit

		lmm on March 16, 2020 \| parent \| context \| favorite \| on: Ask HN: Is UK government insane or genius? It's not just a few months though; a 0.2% recession (say) quite possibly translates to everyone in the future being 0.2% worse off, forever.

Scea91 on March 17, 2020 [–]

That would be true if annual returns were independent of each other which is definitely not the case.

Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact