How Economies Shrink Redux
Back in 2016, when we were struggling with the tub drain problems, I wrote an article on how small things like our lack of funds to pay a plumber to unclog the drain could become a self-reinforcing downward spiral.
Now it seems all too relevant again, only for different reasons. The damage done to the economy by the 2020 COVID-19 closures seems to be creating a similar self-reinforcing cycle -- only more intense, and more widespread. Some of the news I'm getting from various business newsletters is disturbing -- especially impending shortages of diesel fuel, which is used by pretty much every form of transportation that ships products to our stores.
Now it seems all too relevant again, only for different reasons. The damage done to the economy by the 2020 COVID-19 closures seems to be creating a similar self-reinforcing cycle -- only more intense, and more widespread. Some of the news I'm getting from various business newsletters is disturbing -- especially impending shortages of diesel fuel, which is used by pretty much every form of transportation that ships products to our stores.