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recession
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2021-03-18
Peru waves quarantine restrictions
Peru, which continues to suffer from high COVID-19 transmission rates, has lifted quarantine restrictions for international travelers. The Peruvian economy has been undermined by a loss of tourism, its affected restaurants, hotels, guides, transportation, and other facets that depend on foreign capital. The only catch is that you have to have a negative COVID-19 test 72 hours prior to arrival. All of this hints at the importance of money and influence after all-it's mostly wealthier travelers who would have the money to travel for leisure and access to COVID testing. But...what about everyone else on the plane? -
2021-01-20
WallStreetBets, Covid, and GameStop
The story of GameStop, and my participation in the movement surrounding it in the stock market. -
2020-06-03
Alberta Recession
This story is an example of the kind of recessions formerly rich provinces are facing. -
2020-04-16
COVID-19’s Historic Economic Impact, In the US and Abroad
The main point of this news article is to share how the pandemic has effected the US economy and other economies. I chose this news article because for each topic they compare the US to other countries to really help readers see the difference in the way the countries went about COVID-19 This article explains how the economy will be affected for many years after the pandemic is over because of this and how the daily lives of millions of people have been changed because of the current poor situation in the economy. The article is important because it informs people about the economic decline we’re facing currently. -
2020
Charts: The Economic Impact of COVID-19 in the U.S. So Far
This article provides a break down of the big picture of United States economics in the past few months. This break down includes simplistic graphs of the following: consumer spending, national debt, U.S. money supply, consumer sentiment, fed balance sheet, U.S. dollar, fiscal expenditures, inflation rate, and loans to the private sector. These grids provide a representation of how COVID-19 has impacted the United States in a variety of different ways. The article also has short descriptions of each segment that provides the reader with more detailed information. This article provides statistical analysis and quantitative evidence depicting the economic downfall that the United States has faced due to this global pandemic. -
05/11/2020
Nate Hayner Oral History, 2020/05/11
The interviewee, Nate Hayner, describes his experience moving from his apartment in New York City to his parent’s house in Wisconsin. Initially, Nate believed covid was going to be like SARS and other virus outbreaks and only affect countries overseas, then he saw firsthand how bad it got New York City and moved out. He tells of how him and his parents took it seriously as he quarantined for two weeks in their basement. Next, Nate says that his biggest concern is that the pandemic appears to be driving a wedge in society. He elaborates on this by telling how he got tired of watching the news as it was so absurd and frustrating the inaccurate things they would report. Additionally, he expressed his concern on how people were believing in conspiracy theories and not following safety recommendations from local governments and spreading inaccurate information on social media. Then Nate describes how Covid made it hard to stay in contact with casual friends but easier to contact good friends via technology. He also explained how isolation being hard for extroverts and people who are not able to work and do not have a emergency fund to fall back on. Nate ends the interview by stating how the government should have taken planning for events like this more seriously and that in the future we need to be more prepared, the government should stockpile PPE and medicine and people should have a food stockpile and emergency fund as he feels we will probably see another pandemic in our lifetime. -
2020
Stay Awake
This meme encourages people to stay woke. -
2020-06-08
Here We Go Again: Millennials Are Staring At Yet Another Recession
As a Millennial this is a hard pill to swallow. We now know that lifetime wealth for millennial was affected greatly by the 2008 recession. Can we really recover from a second? -
2020-05-29
Middle School - Final Staff Meeting, Budget Cuts, & Student Population
Staff Meeting 5/29/2020 Agenda: Wrap up the year Reflection: Today we learned that our Title 1 funding will not be increased and most will be cut for the next year. We are losing 2 staff members because of this cut and that leaves us in a place where we need to find elective classes for 240 students next year. We additionally lost another elective teacher this year as her funding was moved towards an instructional coach position. Middle schools are also in a unique situation right now as we are experiencing a drop in our attendance numbers. This drop is because our students right now were born during the economic recession of 2008 and the years immediately following. The 2008 recession is credited with a drop in the birth rate from 2008 to 2010. There were tears on our meeting as teachers are frustrated with our system moving forward. Our district was very fortunate to have the finances to weather this original economic storm but as we look forward we have learned that we don’t have the money to keep everyone on staff. -
2020-04-29
Graduating College in a Pandemic
Landing a full-time job before graduating from college is a daunting task for every student. Now that Covid-19 has spread all over the country and social distancing has gone into full effect, it is much that harder to land a job. Before the pandemic hit, the job market was at its best it has ever been; there were more jobs than people looking. However, from one month to another that all changed. I was active in clubs and everything and anything that would make my resume stand out. I also had 3 internships in my respective major throughout the 4 years of college. During my last internship, which was during the 2019 Fall semester, I got offered a full-time job starting 2 weeks after graduation. However, the offer got rescinded a couple weeks into March. Given the circumstances, I knew that it was going to be hard to find a job. I started tracking all of the jobs I got rejected from and all in all it was 26 jobs. Most of the companies rejection letters started the same way, “Due to Covid-19…”. It would have been easy to give up applying to jobs and wait for the pandemic to die down, whenever that was. I told myself that if the next company I applied for rejected me I would stop applying. Luckily, this time I got an offer. This comes to show how the pandemic has affected every college student around the country, regardless of experience. #REL101