by James Rickards
Daily Reckoning
American cities are burning, there’s a lethal pandemic and we’re in a new Great Depression.
Other than that, everything’s fine.
People often ask me when things will “get back to normal.” Well, the answer could be never (or at least not for a long time).
Germany was not “normal” from 1914–54, for example. Social disorder is like a virus; it goes away eventually but not necessarily soon.
Meanwhile, we’re now in our third month of a national lockdown, with perhaps another month to go, depending on your locality.