The Corona Crash: Why The Next Great Depression Is Already Here
The coronavirus is affecting every aspect of the economy. If these impacts are long-term, the economy will fall into another great depression.
The coronavirus is affecting every aspect of the economy. If these impacts are long-term, the economy will fall into another great depression.
As COVID19 continues to spread around the world, numerous countries have taken dramatic steps to diagnose, treat, and curb the spread of the disease.
In March of 2020, Amazon.com removed more than one million product listings from its website due to price gouging related to the Coronavirus or COVID19. Pictures from Seattle, Italy, and Hong Kong show bare store shelves as panic buying takes hold. One of the recent examples of hoarding and price gouging is in the category of hand sanitizers. While both the CDC and the World Health Organization recommend hand washing as the primary way to prevent the spread of COVID19, they also recommend hand sanitizers when hand washing is not possible. It’s a good idea, and now everybody is buying … Read More
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