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A 14-day Quarantine Isn’t A Matter Of If, It’s A Matter Of When
Can you afford it?
The service sector makes the whole economic system convenient and smooth. Yet have the economic efficiencies provided by the service economy come at a hidden cost?
If millions of people are forced into 14-day quarantines, who’s going to pay the bill? Can you afford it?
I’m convinced the service sector is now too big to fail. If low-wage earner jobs are cut and masses of unemployed and underemployed are thrown into the economy during a serious financial downturn or recession, the results will be devastating.
In this article
- Local service industries are being devastated — worldwide
- Can economies absorb service industry layoffs?
- Oil prices collapse — creating a perfect storm
- What’s next?