Stock Person

Folder: 
Vintage Words

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For millions, there will be no work to go back to. That is when the reality will arrive at the door in tatters, like a relative or an old friend evicted and hungry.

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Teens will try to understand as you explain why Christmas is so lean this year. No work anywhere with 20 to 200 employee shops unable to reopen.  Stock person jobs will beckon. Reorganizing, the position freeze will make the stay at home period seem like a resort vacation. 

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30.3 Million unemployment claims as of May 1, 2020. Predictions, 2nd quarter April-June will be far worse. The savings will diminish. There will be food shortages. The "stuff" we took for granted, will become empty shelf space for a while. No Chinese export of crops means more fields will be turned under and prices will be higher here for basic substenance. Start up businesses take time to make money, everyone who is able to work will hope Kroger's and Amazon are still hiring come October.

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Scenario: $250,000.00 a year with stock options and every benefit imaginable gone as business goes belly up. Your car, his car, the daughter's new sports car all need insurance and maintenance. House and cabin mortgages, upkeep, and insurance come due. No vacations this year as savings are enough to maintain diminished lifestyle for eight months before asset sell-off becomes necessary. A five bedroom house becomes a three bedroom house or you move to Maine and live with mom. The delayed payment programs expire and credit card debt becomes the albatross around a once well appointed throat. Not at the point of selling jewels and paintings yet, but soon.

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The hope is the economy will be back fast and be like before. The chickens come home to roost as you stare at your golf clubs wondering how much they are worth. Everyone unemployed wishes they had items to sell. If wise, there are a few clear million bucks or ten in the bank, worth 1/2 what they could purchase in Jan. 2020. The biggest disbelief: It happened so fast. 
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Why Boomers save. They will plant vegetable gardens and millennials will chuckle until the snow begins to fall and the utilities are how dare they shut off. Bleak. As sand tumbled from the salon-styled coif, realities called poverty become the new normalcy for millions. Blaming China will not put things aright 

like "before" and Biden will not be able to put Dumpty back together again with the Ubers on extended retreat in European Union chateaus and chalets. 
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Near worse case, starving citizens march on Washington, crime slyrockets, and riots commence. Ubers realize they have to invest at home in the new cheap labor market or stay in France eating cake.

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Sister can you spare me a Thou. My electric car note is due.

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allets

05-01-20

346a

Author's Notes/Comments: 

Recovery will take years. The already challenged middle classes will join the bottom half. The bottom half knows how to survive. ~S~
 

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