by Michael Snyder
The Economic Collapse Blog
Fear of the coronavirus is causing shutdowns on a global scale like we have never seen before. Just about every major sporting event that you can think of has been either canceled or postponed, schools and universities are keeping students away, global tourism is absolutely collapsing, churches are being shuttered, conferences and festivals are being taken off the calendar, businesses are asking workers to work from home, and even Disneyland is being closed down. Over the past several days the wave of closings and cancellations has become an avalanche, and all of our lifestyles are going to be dramatically altered for the foreseeable future.
For the first few days, a lot of people are actually going to enjoy this “free vacation”. After all, what kid doesn’t enjoy time off from school, and there are lots of Americans that relish the opportunity to work from home.