Not to be the doomsayer, but unemployment filings are way up and all those are just the official quantities, which are weeks old when they’re new. Estimates place actual unemployment around 13 %, the optimum it is been given that the Good Melancholy. In brief, we’re in a economic downturn.
This time the economic downturn wasn’t brought on by deregulation of the financial sector allowing client deposits to be invested in superior-hazard, shady investments like the crashes in 2008 and 1987. As a substitute, it was brought on by a virus. To be crystal clear a economic downturn is a