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Don't Apply 2008 Thinking to Today's Crisis

Economists, analysts and big bank CEOs tell us there is nothing to fear because this time is different from 2008. If only it were so simple.

WELCOME TO 2020: A U.S. Customs and Border Protection (CBP) officer dons the N95 respirator prior to the arrival of international passengers at Dulles International Airport, March 13. (Credit: CBP/Wikimedia Commons)
WELCOME TO 2020: A U.S. Customs and Border Protection (CBP) officer dons the N95 respirator prior to the arrival of international passengers at Dulles International Airport, March 13. (Credit: CBP/Wikimedia Commons)