It’s a great time for ideas
APRIL 16, 2020
Data from Bloomberg’s economists say we are in a recession. We’re starting to get familiar with how our lives are affected by the health issues inherent in this COVID-19 crisis but the economic consequences are just kicking in. These economic issues are very likely even bigger than the health issues, at least in terms of how many people are affected. (17 17 million unemployment claims in 3 weeks is off the charts vs. anything seen since the 1930s.). Shifting from crisis to recession.