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And I don't buy this narrative that the job loses only hit the entry level workers so everyone else is unaffected. Consumption should be WAY down, killing off jobs in every sector and at every level but it's just not happening. Reality will set in over the fall as the government takes away the hand outs, then you will see a massive crash and a huge dent on the economy. Those payments, both in the US and Canada, are keeping consumption turnng, when they stop .... look the fuck out and watch your back.[/QUOTE]
Yeah, this was exactly my point. The economy has a trickle affect and consumption should be way down across the board.
I am stunned that we are not seeing the major layoffs like we saw back in 2007-2009. This pandemic has affected many more people, not to mention we are due for a major downturn as a factor of natural economic cycle.
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