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Speaking of unicorns, the author says ..." Their eventual (and unavoidable) collapse may prove to be systemic, dragging down the market, not because of their size (which is insignificant), but because investors will reprice the market, taking the promise of an infinitely more efficient tomorrow out of the equation. Ray Dalio's dark prophecy may just be right: When the "dream companies" fail to deliver on their promise, and the only way for pension funds to make good on the obligations is to chase debt, there might be a moment when investors say "enough" and began pulling their money out of the system, causing massive repricing and a surge in rates."

Younger generations are blamed for the pandemic's spread, but also face the brunt of the transmission risk that comes with keeping the economy going. 6 MINUTE READ BY REBECCA RENNER PUBLISHED SEPTEMBER 17, 2020 WHEN PARAMEDICS RUSHED the pregnant Honduran woman into the emergency room, 28-year-old Chuan-Jay Jeffrey Chen stood ready to receive her. It was April, and the pandemic had already taken over his final year as an emergency medicine resident. Of all the coronavirus patients surging into Massachusetts General Hospital in Boston, this 32-year-old patient remains Chen's most memorable. The woman was so short of breath she could barely speak, so Chen would need to intubate her-a tricky procedure that requires precision as well as speed. Every moment without oxygen causes a patient's chances of survival to decline; pregnancy further complicates the scenario by making airways swollen, causing blood pressure to drop more quickly. As Chen set to work and talked her through the steps in Spanish, he also tried to calm his own nerves. "I knew I had very little margin for error," says Chen. The woman's husband had been barred from entering the building because of coronavirus restrictionsgen-z

Hunger is surging in the heart of the breadbasket, showing just how dire the problem has become during the pandemic.

Today's pandemic offers the sector an opportunity to break that trajectory. "Crises are moments of change," Alice Obrecht, the head of policy for ALNAP, says. "They make it impossible to act in the way you were acting before." To understand where we might go from here, a look back at how the aid sector has changed - grown up, really - over the past 25 years is helpful: from the Rwanda genocide in 1994 to the 2004 Indian Ocean tsunami; from September 11th 2001 to 2013's Typhoon Haiyan in the Philippines, and then the 2015 surge of refugees across the Mediterranean, humanitarianism has helped pick up the pieces and allowed people to restart their lives.