Press "Enter" to skip to content

Brace yourself for social unrest stemming from coronavirus-related unemployment and shutdowns

Right now, social distancing and work from home mandates are a big inconvenience for a lot of people, but it could turn into something far more dire as the effects of a stalled economy start to take hold.

It’s a scenario that has played out time and time again throughout history in various places around the world, with high unemployment and a stagnant economy leading to social unrest and even violence. And with the unemployment rate in the U.S. expected to exceed that noted in the Great Depression, there is no telling what could happen.

The president of the Federal Reserve Bank of St. Louis, James Bullard, said that they’re expecting 30 percent unemployment in the second quarter of the year. That’s right: 30 percent. And the GDP, meanwhile, could drop by as much as half.

While this particular scenario is intentional to some degree in the sense that the measures leading up to it were put in place to save thousands – if not millions – of lives, the loss of jobs and incomes could lead to serious civil disorder in our country.

After all, it’s many of these same jobs that help our society meet the demands for basic necessities like food, clothing and shelter, not to mention the medical supplies and services that are so desperately needed right now.

So what can be done about this situation? Bullard said that replacing lost income with unemployment insurance and other types of payments to help displaced workers and business owners could help defuse the effects of the social distancing shutdowns.

Writing in the New York Times, the former director of the Yale-Griffin Prevention Research Center, David L. Katz, said that the long-term impact of halting gatherings, schools and business could be “possibly graver than the direct toll of the virus itself.”

He said that while the stock market should eventually bounce back, he believes that many businesses won’t fare so well. He added: “The unemployment, impoverishment and despair likely to result will be public health scourges of the first order.”

“READ MORE…”

Read more Coronavirus news

CTM Shop Ad

3 Comments

  1. Stonewall Jackson Stonewall Jackson April 1, 2020

    Get ( YouTube channel, ) John Mark on your show. Though he’s not 100 % right, ( or he’d be pushing for an all white Confederacy 2.0, ) he is at least trying and getting the conversation going. We MUST separate from the OTW’s, ( other than whites, ) if we are to survive and thrive.

    See also : Way Of The World, American Renaissance and X22Report.

  2. Doug Miller Doug Miller April 1, 2020

    The manufactured crisis is merely a masque, I would say, for EITHER rolling out a giant take-over embodied in the ID2020 Agenda ( it is explained as part of the October 201 planning session), OR it is GIANT PSY-OP to further train us for the next Anglo-Dutch Empire initiated event to disable, demotivate, and disillusion us…. and Billy Gates is their number one poster boy. I bet he is pumping for a seat with the fondi at the table of the 300, but he is far too poor and on the wrong side of the tracks for that, IMHO.

  3. DesertChick DesertChick April 1, 2020

    When people start waking up to the fact that this whole pandemic-panic was one big psy-op, designed to ruin their lives, needlessly, yeah, they will start revolting against this; as well they should! And wait until reality hits regarding this Stimulus deal too, when a whole lot of little people find out there are so many hoops they will have to jump through in order to even get any money. Or that they’ll wind up with nothing.
    The COVID-19 ‘test’ is designed to come out ‘positive. The way they are conducting the test virtually guarantees a ‘positive’ result. This serves to pump up the numbers and make it look as if there is a deadly epidemic. See Global Research: https://www.globalresearch.ca/manufactured-pandemic-testing-people-any-strain-coronavirus-not-specifically-covid-19/5707781. ‘Manufactured Pandemic: Testing People for Any Strain of a Coronavirus, Not Specifically for COVID-19’. By Julian Rose. Very educational and makes way more sense than all the blabbering coming out of the Administration and the media, who is known for its lying.

Comments are closed.

Breaking News: