The Second Shockwave Is Coming !.....

naughtybish

http://www.atimes.com/atimes/Global_Economy/KC20Dj02.html

quote from article:

"From all indications, the consequences of the second wave are likely to be even more earth-shattering than the first. "




Bish

fc123

naughtybish wrote: »

http://www.atimes.com/atimes/Global_Economy/KC20Dj02.html

quote from article:

"From all indications, the consequences of the second wave are likely to be even more earth-shattering than the first. "




Bish

I know we think we have it bad, but we have it better than others.
The old saying ''what you don't know/see, you don't miss'' is quite true.
Many in China got to 'touch' what we take for granted.
I know because I meet them through my business...and they can feel it being swiped away from them again.

The greatest worry is that most of the gains achieved in eradicating poverty over the past decade or so will be wiped out, forcing tens or hundreds of millions of people from the working class and the lower rungs of the middle class back into the penury from which they escaped. Equally worrisome is the risk of food scarcity in these areas, resulting in widespread malnutrition, hunger, and starvation. All this is sure to produce vast human misery, sickness, and death, but could also result in social and political unrest of various sorts, including riot, rebellion, and ethnic strife.

dandy-candy

Omg this is a dreadful story to read - it sounds like they will be living the closest thing to a US 1930's type of depression

"Absent [public] assistance, households may be forced into the additional sales of assets on which their livelihoods depend [eg, farm implements and livestock], withdrawal of their children from school, reduced reliance on health care, inadequate diets and resulting malnutrition."