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Italy is a model for our near future, and it suggests that things may be grim 1/ nytimes.com/2020/04/07/opi…
It's notable that the economic hardship is worst in the south, which was late to the infection but poor to begin with. Campania has less than half Lombardy's GDP per capita 2/ ec.europa.eu/eurostat/docum…
The parallels with the U.S. south are obvious. Mississippi has less than half the per capita GDP of New York 3/ apps.bea.gov/itable/iTable.…
And the social safety net is much worse in the U.S. south than in Italy. This could be terrible 4/ nytimes.com/2020/04/03/opi…
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