We had a cat named Rocky. And we moved to a place that got a lot of snow from a place where there was never snow.
Rocky was a awesome cat. Really active, loved to be outside chasing squirrels. Then one night we got a heavy snow and Rocky was outside. He took shelter under a car. The snow came up so fast he was essentially buried under the car for a week. But the snow melted and Rocky emerged. He was in bad shape, but alive.
Rocky was never the same. He got really fat and never went outside again. I guess cats can get PTSD too.
People and the economy are a bit like Rocky. After having it good for a while you start doing shit like chasing squirrels at 2AM and buying SUVs even though nothing is wrong with your current car.
Then you get a shock. And you get fat since you now know what it is like to starve. And you don’t want to be hungry again. So you save. And that slows the economy. Even if things were to return to normal in a month there is some mental damage done here. Rocky died years later fat as hell and on the couch, he was still a young cat.
Luckily people have shorter memories than Rocky and will eventually get back consuming the fuck out of everything. But it will take some time to undo the mental damage that has been done here.