The true cost of the Corona Virus on the US is several months off. As people load up on toilet paper, food and water they are running up credit card debt. Evictions have been put on hold as it is expected many people will be out of work. Benefits from the government will eventually need to be paid for.

So, when does the true cost come out? When we return to a new normal.

People will be behind on mortgage payments (interest free until we recover)

People will have run up credit card debts and maxed out cards

People will have to repay any money given to them or pay the higher taxes to make up the money.

So, when all is clear and we should be able to return to a normal life, we will be in debt and the banks and credit card companies will be wanting their due. The middle class will be in debt that may take a generation to get of debt. Many will now be dependent on the government to help them survive and will drain the money from those in the middle class that made the mistake and got ahead and had savings.

The poor will be poorer and the rich will be collecting interest on our days of fear and panic. In the US they are saying they need to slow the virus to save lives. By slowing it and stopping the US from working, the virus will not be what takes our lives, it’ll be the banks.

Now is the time to do whatever you can not to add to your debt and bury yourself while interest is free because it will come due.