The path to recovery consists primarily of these three things: the success of restrictions that slow the progress of the coronavirus; government action to economically sustain businesses and households; and renewed employment that will set a pace for household spending. This podcast (6:57) argues that the lengthy and painful process imposed by today’s economic crisis will have the effective of turning “investors” into real investors, who buy for the long-term, knowing what they’re buying and why, and what they’re avoiding and why. Learn more about your ad choices. Visit megaphone.fm/adchoices