The impact changes in consumer behavior will have on business models that employ hourly wage earners is unknown and difficult to model especially in the absence of a vaccine. The value in sharing a car ride to go out for the evening, attending a concert or sporting event, or living in large, (formerly) convenient, densely populated areas is being reevaluated by consumers no matter how much money the federal reserve puts into circulation to bolster these potentially antiquated practices.
The thought of dying, being intubated or having long term respiratory problems that elevate your risk for future medical complications is part of the calculation now.
The upside I see is the amount of money people who are working are saving now that there is much less to consume, though this changes behavior as well.
The thought of dying, being intubated or having long term respiratory problems that elevate your risk for future medical complications is part of the calculation now.
The upside I see is the amount of money people who are working are saving now that there is much less to consume, though this changes behavior as well.