From the press release: From the moment he is handed a possibility of making the first alien contact, Saunders Maxwell decides he will do it, even if doing so takes him through hell and back.
The beatings will continue until morale improves: According to the U.S. Census Bureau, the clothing and cotton industry has seen a 50% plunge in sales in the past month due to Wuhan panic.
As countries worldwide take measures to slow the spread of coronavirus by quarantining people and closing nonessential businesses, sales of cotton — and the clothing and textiles made from it — have declined sharply.
Demand for cotton is so low that even though prices hit their lowest levels in more than a decade, retailers and manufacturing facilities around the world are cancelling orders. “Every stage of the supply chain is getting hit,” said Jon Devine, senior economist for Cotton Incorporated, a nonprofit industry organization based in North Carolina. “Retailers are suffering,” he said. “In between, you’ve got all the manufacturers that are trying to get their orders cancelled. And then you get all the way back to the field. Farmers are entering their planting time. They have some difficult decisions to make.”
In other words, even if we get the country reopened in May (something that right now looks unlikely because of the desire of politicians to crush the economy and cancel the Bill of Rights in order to hurt Trump), this crash now is going to spiral into next year.
I should note that the stories on the crashing economy that I am posting are very easy to find. More to come. Sadly, I have had to widen my searches to more business related sources to find them. In more sane times, a business crash like this would be front page news on every news outlet in the country. Not now. We have gone insane.
Every July, to celebrate the anniversary of the start of Behind the Black in 2010, I hold a month-long fund-raising campaign to make it possible for me to continue my work here for another year.
This year's fund-raising drive however is more significant in that it is also the 10th anniversary of this website's founding. It is hard to believe, but I have been doing this for a full decade, during which I have written more than 22,000 posts, of which more than 1,000 were essays and almost 2,600 were evening pauses.
This year's fund drive is also more important because of the growing intolerance of free speech and dissent in American culture. Increasingly people who don't like what they read are blatantly acting to blackball sites like mine. I have tried to insulate myself from this tyrannical effort by not depending on Google advertising or cross-posts Facebook or Twitter. Though this prevents them from having a hold on me, it also acts to limit my exposure.
Therefore, I hope you will please consider donating to Behind the Black, by giving either a one-time contribution or a regular subscription, as outlined in the tip jar below. Your support will allow me to continue covering science and culture as I have for the past twenty years, independent and free from any outside influence.
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