<?xml version="1.0" encoding="UTF-8" standalone="yes"?><oembed><version><![CDATA[1.0]]></version><provider_name><![CDATA[A Critique of Crisis Theory]]></provider_name><provider_url><![CDATA[https://critiqueofcrisistheory.wordpress.com]]></provider_url><author_name><![CDATA[critiqueofcrisistheory]]></author_name><author_url><![CDATA[https://critiqueofcrisistheory.wordpress.com/author/critiqueofcrisistheory/]]></author_url><title><![CDATA[The Crisis (Pt&nbsp;1)]]></title><type><![CDATA[link]]></type><html><![CDATA[<p><strong>A personal note</strong></p>
<p>In February, I was hit by a staph infection that had spread to the blood. This was the first serious illness of my adult life. Before this infection, I had been free of any illness more serious than the occasional cold or seasonal flu. I was really knocked off my feet and had to be hospitalized.</p>
<p>This was no fun. But no evil is without positive features. I got to see the medical system for the first time in my adult life from the inside. At least here on the West Coast, the medical system is staffed by a mix of many nationalities with a bias toward the Far East — the very group that President Trump with his racist attacks on the &#8220;Chinese virus&#8221; has made a target of his demagoguery. I was served by medical workers from France, the People’s Republic of China, Vietnam, the Philippines, and other nations.</p>
<p>Then as fate would have it in one those bizarre coincidences that life occasionally brings, the whole world was swept by the ghastly COVID-19 pandemic. Financial markets crashed and then much of the global economy was shut down including industrial production and world trade. Most importantly, employment entered a downward spiral. More than 10 million people in the U.S. have been forced to apply for unemployment insurance within two weeks, implying double-digit Depression levels of unemployment.</p>
<p><a href="https://critiqueofcrisistheory.wordpress.com/the-crisis-pt-1/">Read more &#8230;</a></p>
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