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GENmag's profile
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@GENmag

A new publication by @Medium about politics, power, and culture.

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Joined June 2019

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    GEN‏Verified account @GENmag 4 May 2020

    A couple of months into the COVID-19 crisis, one thing is becoming clear in the United States: it will have a long term impact on our economy, and in turn, our cities. @SteveLevine took a look at how American cities will change, now and maybe forever. 👇🧵http://read.medium.com/VcwvB9C 

    9:18 AM - 4 May 2020
    • 911 Retweets
    • 1,911 Likes
    • III 🏳‍🌈Travis Kelton⛎ Andrew Gilligan Nuri N Zach try to get some rest K Lowgren Steve Dalton, J.D. meladalklimat
    163 replies 911 retweets 1,911 likes
      1. New conversation
      2. GEN‏Verified account @GENmag 4 May 2020

        On the U.S’s current trajectory, one of the most probable post-Covid future scenarios is stark austerity, where the government’s debt is so large, it takes extensive measures to avoid defaulting, like reducing government spending.http://read.medium.com/VcwvB9C 

        65 replies 188 retweets 411 likes
        Show this thread
      3. GEN‏Verified account @GENmag 4 May 2020

        For years after the pandemic ends, American cities and towns are likely to see untold scars of both COVID-19 and the depression-like recession. Many city businesses could be shuttered and even boarded up.http://read.medium.com/VcwvB9C 

        19 replies 114 retweets 274 likes
        Show this thread
      4. GEN‏Verified account @GENmag 4 May 2020

        Well-paying jobs, robust public transportation, concerts, museums, good schools, varied restaurants, boutiques, well-swept streets, and modern office space will be scarce. In this scenario, joblessness will be high, and many of the arts may go dark.http://read.medium.com/VcwvB9C 

        31 replies 153 retweets 381 likes
        Show this thread
      5. GEN‏Verified account @GENmag 4 May 2020

        Dining out may no longer be the main alternative to cooking at home, as many restaurants vanish. The winners will be companies like Amazon and Uber, Walmart, DoorDash, and Target, whose boom in delivery will grow at almost everyone else’s expense.http://read.medium.com/VcwvB9C 

        15 replies 107 retweets 249 likes
        Show this thread
      6. GEN‏Verified account @GENmag 4 May 2020

        Coronavirus has laid bare the fragility of globally stretched supply lines. Industry could return to the U.S. — specifically, some U.S. companies will want to bring factories to smaller cities and suburbs, as companies are likely to shun expensive cities.http://read.medium.com/VcwvB9C 

        7 replies 57 retweets 157 likes
        Show this thread
      7. GEN‏Verified account @GENmag 4 May 2020

        Some of the U.S’s most important companies have launched in hard times, from the late 19th and early 20th centuries (GM, IBM) right up to the last financial crash (Square, WhatsApp). This innovation will be hobbled by Trump’s immigration crackdown.http://read.medium.com/VcwvB9C 

        15 replies 48 retweets 123 likes
        Show this thread
      8. GEN‏Verified account @GENmag 4 May 2020

        The truth is, when the coronavirus crisis finally ends, the U.S. is likely to remain in the midst of its other crisis—the deep recession, whose roots precede the coronavirus, and economists say will likely linger far longer, perhaps for years.http://read.medium.com/VcwvB9C 

        13 replies 59 retweets 156 likes
        Show this thread
      9. End of conversation
      1. Ally McKay‏ @allymckay1619 4 May 2020
        Replying to @GENmag @stevelevine

        I’m going to be a college student soon (class of 2021 for highschool) does anyone know of majors that may prove beneficial during the predictable recession? My top choice right now is marketing.

        27 replies 0 retweets 12 likes
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