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Best Web OpEds    H3'ed 9/3/20

Time Magazine: "A New Global Depression is Coming"

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Message Al Hirschfield
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We’re headed into a global depression–a period of economic misery that few living people have experienced.

We’re not talking about Hoovervilles. Today the U.S. and most of the world have a sturdy middle class. We have social safety nets that didn’t exist nine decades ago. Fortunately, that’s true even for developing countries. Most governments today accept a deep economic interdependence among nations created by decades of trade and investment globalization. But those expecting a so-called V-shaped economic recovery, a scenario in which vaccinemakers conquer COVID-19 and everybody goes straight back to work, or even a smooth and steady longer-term bounce-back like the one that followed the global financial crisis a decade ago, are going to be disappointed.

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A rapidly aging boy from NJ, with a somewhat radical political bent, who, after quite some time, seems to finally (in the truest sense of the word) be getting it together... Om Sai Ram

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