Reports say New York City has lost or is going to lose nearly one-third of its small businesses.
The $3,000 to $4,000 per month that over 33 million people are claiming from unemployment has just ended…for now.
1 million new unemployment claims are being filed each week.
Logistics companies lost 33% of their revenue in the past quarter. Entire industries like travel and hospitality have essentially flatlined.
By all accounts, something very bad is happening or is on the cusp of happening.