The Global Financial Crisis of Two Thousand 20

In mid february, developments regarding the corona viris demic and the lock down implemented to fight it began to hammer the markets. Downward spirals seemed unstoppable. Pessimism ran rampant, leading to soaring risk aversion. This led to panic selling of assets and rendered most investors absolutely unwilling to buy. Now contrast that with the events of two thousand 20. It was possible to purchase assets at prices from which extremely high returns could be achieved, often with low attendant risk. The clear difference i want to cover here relates to the characteristics of the current go round.