Even if the coronavirus pandemic is winding down — and we’re not entirely sure that it is — we still face the prospect of a deep and prolonged economic downturn.
While traditional higher education will remain a valuable asset, we are witnessing the death of our post-World War II, post-Industrial Revolution economy, where workers earned a steady paycheck for 40 years with a corporate entity, then retired comfortably at 65 with few or no hiccups.
The Trump administration plans to pump millions of dollars into producing more medications in the U.S. as the coronavirus pandemic heightens longstanding concerns about the fragility of the global drug supply chain.
Freight-payment levels provide a good snapshot of current economic activity, and judging by the trend detected by U.S. Bank for the first quarter of this year, the news isn’t good.