Thursday, June 25, 2020

The Economic “Reopening” Is A Fake Out

The Economic “Reopening” Is A Fake Out

Friday, 22 May 2020 15:11 Brandon Smith

How does one define an economic “reopening”? I think most people would say that a reopening means that everything goes back to the way it was before the crisis; or at least as close as possible.  Most people would also say that a reopening is something that will last.  Simply declaring “America has reopened” while keeping many restrictions in place in certain parts of the country is a bit of a farce.  And, reopening with the intention of implementing lockdowns again in a matter of weeks without explaining the situation to the public is a scam of the highest order.
For example, states like New York, California, Illinois and New Jersey have extended their lockdowns; with LA's extension remaining ambiguous after they initially declared restrictions for another 3 months. New York's lockdown is extended to the end of May (so far). This is the case in many US states and cities, while rural areas are mostly open. This is being called a “partial reopening”, but is there a purpose behind the uneven approach?

As I predicted in my article 'Pandemic And Economic Collapse: The Next 60 Days', the restrictions will continue in major US population centers while rural areas have mostly opened with much fanfare. The end result of this will be a flood of city dwellers into rural towns looking for relief from more strict lockdown conditions. In about a month, we should expect new viral clusters in places where there was limited transmission. I suggest that before the 4th of July holiday, state governments and the Federal government will be talking about new lockdowns, using the predictable infection spike as an excuse.


No comments:

Post a Comment