The current coronavirus (Covid-19) outbreak has created a financial crisis in America. Television news reports indicate though many non-essential businesses have closed in an ordered shutdown, in an effort to tame the spread of the deadly virus, some will not reopen due to financial losses.

Another television news report this week stated unemployment in America could jump to a massive 30% shortly, due to the current coronavirus crisis. As stated in a previous article today, the restaurant industry in America will lose 7,000,000 jobs in 3-months due to the crisis. These are all indicators of a terrible financial crisis that has begun to grip America this month.

U.S. House Speaker Nancy Pelosi (Democrat)

As previously stated on the site, I did warn in 2018 that pestilence was coming (Theresa May And Boris Johnson Under-Funding Of The NHS Left The Health Service Ill-Prepared To Counter The Effects Of The Coronavirus (Covid-19)). In late February I also revealed that the source of said pestilence is very inorganic (Coronavirus Cases Surface In China, Japan, Italy, Britain And America With Questions About It's True Source).

Previously, I also stated America is headed for a financial crisis due to tax cuts for the rich and then it happened (Economic Reports State America Is Headed For A Recession Prompting A Response From President Trump). Previously in 2006, I predicted the 2008 financial crisis via my Sound Off Column website and in 2007 via this article.

The current financial upheaval is going to be very damaging to America. It is also going to wallop the economy of Italy, a nation that currently has the most coronavirus deaths in the world (7,800) regarding a number that continues to climb at an alarming rate.

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