There are still many homes and many buildings throughout America that have built-in bomb shelters from the Cold War era, and many people have built remote shelters in more modern times to protect their families from societal threats. The first thing to consider is that doomsday prepping is not a new phenomenon, nor are the concerns over viral outbreaks. And a fresh look at consumer sentiment took a dive with citations about the coronavirus fears. Still, every agency and forecasting outfit around has warned about GDP taking a hit. The public hasn’t had to pay much attention of late because the last rise of the doomsday preppers was during and in the aftermath of the Great Recession. With this in mind, we have looked back at our coverage of doomsday preppers from the past decade and applied some of the thoughts to the current scare. routinely tracks many issues covering the economy and the personal well-being of the average person. The public has every right to be concerned about the coronavirus, and there are some lessons from the not-so-distant past that may prove to be beneficial from a rather unique subset of the population: doomsday preppers.Ģ4/7 Wall St. Centers for Disease Control and Prevention (CDC) has warned that it’s likely “when rather than if” for expectations of an outbreak in the public in the United States. The World Health Organization (WHO) has said that the number of cases outside of China are now greater than the number of cases in China, and the U.S. ![]() The instances of deaths and illnesses are the worst situations to consider, but the underlying “fear and uncertainty” are already spelling trouble for the global economy. With more cases in Italy, Iran and South Korea, there are also newly reported cases in Spain, Greece, Brazil, elsewhere in the Middle East and so on. The outbreak of the COVID-19 novel coronavirus has now expanded well beyond China and has reached much higher numbers than global health watchers would have hoped for.
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