Act 1 was the virus — and is still ongoing — but Act 2 is a series of economic crises beyond anything we’ve seen before.

Like a meteor hitting the ocean it has kicked off a series of tsunamis, some of which are listed below, all of which are gathering steam. https://twitter.com/sdonnan/status/1240254706133409793

More burgeoning crises, some of which are not economic:

- higher ed crisis: tuition no longer paid if lockdown continues

- SMB crisis: many have or will go bust

- police crisis: many getting infected, others depolicing

- military crisis: aircraft carriers being sidelined

- Hollywood crisis: studios shuttered, theaters down, zero rev, productions delayed indefinitely

- EU crisis: leaders openly saying it may fly apart

- Federal crisis: 50 states going their own way, no central coordination

- Soft power crisis: quickly losing influence abroad