The Pandemic’s Economic Impact

Posted On Feb 24, 2021 By Addison Wiggin

“The supply chain, which is part of GO, has also collapsed,” Dr. Skousen confirms in today’s edition of The Wiggin Sessions. “But what’s really surprising is it has not collapsed as much as consumer spending.” The dip in consumer spending due to closed restaurants and department stores “was somewhat artificial,” he says. However, “the supply chain held up.” It shows that “the business sector has adjusted rather well to this lockdown.” Moreover, “it justified the stock market recovery.”

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