Quick Spend Debit Cards: If You Have A Rainy Day Fund, Guess What? It’s raining!
Music Technology Policy
MARCH 23, 2020
US GDP is 70% consumer driven. Demand collapse is what causes depressions, real depressions. Goldman Sachs estimates that the U.S. economy could contract by 24% in the second quarter (which starts next week). Say what you want about Goldman, money is something they’re fairly good at. That is a Great Depression level of contraction. If you have any living friends or family who lived through the Great Depression, ask them how that was.