The OVERDUE Recession is Starting NOW

Preface
Below is the latest email (slightly edited here) I sent to family & friends.  The Recession hasn't officially started, because the Powers-That-Be in Gov't need at least two calendar quarters (I think) of data before declaring it.  Anyone who doesn't have his/her head buried in the sand, though, probably would agree:  this is the beginning.  Act accordingly, as follows.
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Be safe, & keep stocked up.  This is the start of a Recession...possibly even worse, a Depression.  Irrational exuberance re the economy already is evaporating.  Distribution of goods already is being affected.  "Runs" on grocery stores already (just barely) have started.

If anyone never has believed me in the past about the overdue Recession, believe this now:  it has started.  

The covid-19 Black Swan, predicted by Daniel Zhang, is at the beginning of crushing the economy.

We'll all survive that, but those of us with a cache of extra household goods (not just food) will be much more comfortable than others.  Distribution of goods eventually will slow way down...temporarily...maybe only for a couple of weeks, maybe for a bit longer.  It hasn't kicked into high gear yet, but it will...no one knows exactly when.  Stock up... food, OTC meds, paper goods, anything you use daily or weekly.

Thanks to the slow response (& lack of previous preparedness) by most governments--- especially in the USA ---covid-19 sooner or later will infect multiple millions, and will devastate the world economy.  If we all don't pull together on this situation, many fewer millions will die (directly or indirectly).  That's not hyperbole.

p.s.  Worldwide:  140,000+ cases; 5,300+ deaths; 123 countries (including "territories").

USA:  1,650 known cases; 41 deaths; 47 known States.
Compare these numbers to those in the March 10 post/essay immediately previous to this one.

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Not only my opinion.  "Be Prepared"  (A long, long time ago, I was a Boy Scout.  For those who don't know, that's their motto:)