3.25 MIL unemployment just realeased.- matched 1980 figures.
Next week, they are projecting 4+ MIL.
Untold business doors shuttered forever......and counting.
All any businessman, with half a brain, has to do, is look at those very same numbers from 1980, to see what the future holds as far as when jobs come back. History books when facts are true don't lie. Look at the decade of the 1980's to chart your course.
No financial modeling needed here, This game has already been played before, and everyone is in the stands ready to watch it again......jobless.
You can't bring millions back to work overnight when the economy has just absorbed this extensive amount of carnage.
It has been 40 years since we have taken a hit this bad. Many alive have no clue, because they aren't old enough or had to work through it.
Many people back then, with advanced degrees, had to swing a hammer to survive. This time around, many of those same people can hardly read a tape measure. They never developed the skills, young boys acquired, as they grew up, and it's about to show.
Last edited by ElkSlayer91; 03/27/20.
