If you tried to warn people in late 2019 that about 40 million Americans would lose their jobs by the middle of 2020, nobody would have believed you. …. Even though I have been loudly warning that this sort of an economic crisis was coming, I never imagined that we would lose so many jobs in such a short period of time. As I discussed the other day, more than a quarter of all jobs in the United States have already been wiped out, and the job losses just keep on coming. In fact, Boeing is currently in the process of laying off thousands of highly skilled workers…The Economic Collapse Blog Nobody Ever Imagined That The Job Losses Would Get This Bad So Quickly
Fast forward to July, when unemployment benefits run out.. What happens next?