Covid Mid April Update: The New Phase?
So, phase one (shock/denial) appears to be over. Over 20 million people are out of work, roughly a 20% unemployment rate. There are almost 700k total cases, and 32k deaths. This is just from people we know had the disease. Whatever “rainy day funds” most people had are exhausting. Quickly. It seems clear, this is going to be somewhere between the “Great Recession” and the “Great Depression.” And honestly: There’s no end in sight. ...