Pretty disconcerting. The disaster I see unfolding concerns the bottom 25%
of wage earners in this country who live paycheck to paycheck and have no
savings to fall back on. What happens when we come out of this and they are
2-3 months behind in rent, car payments, car insurance, etc.? A wave of
evictions, repossessions? This could get very ugly.
Charlie
On Fri, Apr 3, 2020 at 1:02 PM Mike Lazzari <watershed1@xxxxxxxxxxxxxxx>
wrote:
> Fareed Zakaria in the Washington Post
>
>
>
> <
> https://www.washingtonpost.com/opinions/global-opinions/this-is-just-the-first-in-a-series-of-cascading-crises/2020/04/02/45e8cc52-7510-11ea-87da-77a8136c1a6d_story.html
> >
>
> M
>
> --
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