On Saturday we visited with a family friend. We were with her grandchild and their nanny. the nanny was commenting that she had had a family lined up for child care with a newborn, but the father lost his job so he could no longer afford the nanny. As a result the nanny is worrying about if she can line up another family, and debating what to do if she can’t find one. I thought it was interesting how an event which appear to just affect one class of people, effects many. I think this will be a larger issue as tome goes on.
Trickle-down recession
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Yeah it’s a domino effect /////_
It is indeed going to be a larger issue. I think the only people who won’t be affected by it are the richest people, and who knows? Maybe even they’ll be affected