Timing is everything: How the fallout from covid-19 will affect the young

The immediate impact of the corona virus on the young is only now playing out: schools and universities have closed, many of their parents will have lost their jobs or face uncertainty about future income, and for the first time in their lives will have faced shortages for basic goods like pasta, rice and toilet rolls.

The second order effects are still anyone’s guess but some things have increased in probability over recent weeks. We are in a deep recession, if not an outright depression. As supply chains…