Sunday, April 5, 2020

Civil Unrest Coming?

What happens to millions of Americans when they have no savings, no jobs and are told to stay in their apartments and homes?  They get edgy...then desperate...then angry...then scared.
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We've been laying out the possible case for the next phase of the COVID-19 pandemic could be social unrest. 
Millions of Americans have just lost their jobs, have no saving, and insurmountable debts, are flooding food banks across the nation to survive. With the economy crashed and now entering a depression, last week was a significant milestone in the progression of the crisis, as looting of businesses in California and South Carolina began.
Now the looting is spreading across the nation. We noted how stores in New York, San Francisco, Seattle, and Chicago, were boarding up their windows, preparing for civil unrest. 
After all, when 10 million people lose their jobs in two weeks, and an estimated unemployment rate that could reach 15-20% in the second quarter, as per RealInvestmentAdvice.com's Lance Roberts latest report, the ripple effect on society is so sudden that there could very well be an outbreak of unrest when the weather shifts too much warmer trends, and geographically be situated in low-income areas of inner cities. Hence why the National Guard was called up and now being positioned around and or in major metros

https://www.zerohedge.com/health/looting-wave-strikes-new-york-city-amid-coronavirus-lockdown

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