Armstrong Economics Blog/Disease
Re-Posted Jun 4, 2020 by Martin Armstrong
Economically, it’s a different picture altogether in the South. Millions of people here don’t know a single soul who has become sick, but they know plenty of people who have lost their jobs. Those I know who got sick are in New Jersey and New York.
When I go out, the only people with masks are the employees and many have them just below their nose so they can breathe. On the street, perhaps I have seen one person out of a thousand with a mask. Nobody in my area knows anyone with COVID-19 down here. This is becoming like CNN’s forecast for a hurricane that we were all going to die and a “10-foot wall of water” was going to rush in. Perhaps it reached the top of my big toe.