Before
the coronavirus unleashed the most severe health crisis in a century, experts
were already focused on preparing for two major storms that will hit America in
2020s. The first storm reappears every fifty years in America’s history. It unleashes
a major economic crisis. In every previous cycle, this has been a very painful and wrenching experience for
many Americans.
●
Policies that worked for the previous
fifty years stop working and became the cause of significant harm to the
society.
●
As the crisis intensified, what had been
regarded as “common sense” is discarded as leaders grasp for straws to save
them.
●
Members of the political elite class insist
that nothing is wrong with the economic institutions they created and control.
They tell people to just hang on, the “old normal” will return, and the institutions
that caused the problems will save them.
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