As if the global economic downturn weren’t bad enough, U.S. exporters are confronted by a raft of vessel cancellations that hinder their ability to fulfill what overseas sales they’re still able to make.
Queues of tankers have formed off China’s busiest oil ports as the vessels wait to offload crude for refineries that are quickly ramping up production amid a rapid rebound in fuel demand.
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.
