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The loss of jobs and income is going to have cataclysmic cascading effects, worse than if a few large companies had gone under. It hasn't even started yet.



Can you elaborate/link?


What's there to link or elaborate? Look at the number of people applying for unemployment (I looked it up for you [1]). With a record number of people on unemployment and no real end in sight to the pandemic, something has to break.

Basically, it doesn't matter how quickly we re-open if people don't have any money to spend, don't feel comfortable spending, and aren't leaving their homes.

[1] https://tradingeconomics.com/united-states/unemployment-rate




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