#45 Crisis is here, what comes next? (A visual guide)
Channel: Ron Rivers
Date: 04/08/2020

Data trends are suggesting that the economic crisis is reaching a tipping point here in the United States.  If my predictions are accurate and reach the threshold, there is unlikely to be any feasible plan for recovery for a significant number of Americans.


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Intro Music:  Akira the Don - Hero's Journey Type Beat
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Sources:
[1] Stout Risius Ross Report:  https://bit.ly/2DjnYUH 

[2] Early evictions in press:
ProPublica:  https://www.propublica.org/article/the-eviction-ban-worked-but-its-almost-over-some-landlords-are-getting-ready
Washington Post:  https://www.washingtonpost.com/business/2020/07/06/eviction-moratoriums-starwood/
CNBC:  https://www.cnbc.com/2020/07/03/experts-fear-a-wave-of-homelessness-once-eviction-moratoriums-end.html

[3] COVID Evictions ProPublica https://projects.propublica.org/covid-evictions/
[4] If a business is still closed at this point in the crisis, it’s probably permanent Washington Post 6/23/2020 https://www.washingtonpost.com/business/2020/07/23/permanent-business-closures-yelp/
[5] Bureau of Economic Analysis Q2 2020 GDP Report https://www.bea.gov/news/2020/gross-domestic-product-2nd-quarter-2020-advance-estimate-and-annual-update
[6] Survey: 69% of Americans Have Less Than $1,000 in Savings GoBankingRates 12/16/19 https://www.gobankingrates.com/saving-money/savings-advice/americans-have-less-than-1000-in-savings/ 

[7] Where the STEM Jobs Are (and Where They Aren’t) New York Times 12/1/17 https://www.nytimes.com/2017/11/01/education/edlife/stem-jobs-industry-careers.html?smid=fb-nytimes&smtyp=cur 

[8] This is what every generation thinks of real estate—and what each has spent on it 6/17/2020 Fortune https://fortune.com/2020/07/17/generational-differences-real-estate-wealth-gen-z-millennials-gen-x-boomers-housing-market/ 

[9] Coronavirus tracked: Global CO2 emissions ‘fell to lowest level in 14 years’ during lockdowns Independent 5/20/20 https://www.independent.co.uk/news/science/coronavirus-environment-co2-emissions-air-pollution-lockdown-a9523926.html