Illustration: Sarah Grillo/Axios

Three major long-term trends have just been thrown violently into reverse: The rise of cities, the rise of global just-in-time supply chains and the rise of the sharing economy. Conditions in all three cases are almost certainly going to get significantly worse before they get better.

The big picture: Cities are victims of the virus, but they're also a key vector for its spread. By their nature, they involve hundreds of thousands of humans living and working in close proximity to one another and relying on myriad shared services. Without cities the coronavirus would find it much harder to spread.

  • The sharing economy is built on a simple and powerful premise: that items from scooters to cars to homes can be put to most effective use if they're shared among multiple individuals. But sharing, now, is exactly what the world is trying to minimize.
  • Global supply chains are similarly being hurt by the virus. They're often based on the hyper-efficient movement of parts and components among dozens of different countries, in a complex dance in which a single missing piece can mean no end product at all.

The bottom line: All three trends maximize the efficiency of an economic system. The downside of that is becoming clear: Fragility and efficiency are two sides of the same coin. The more efficient a system is, the more easily it can break.

Go deeper: Brace for coronavirus supply shocks

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Biden: The next president should decide on Ginsburg’s replacement

Joe Biden. Photo: Drew Angerer / Getty Images

Joe Biden is calling for the winner of November's presidential election to select Ruth Bader Ginsburg's replacement on the Supreme Court.

What he's saying: "[L]et me be clear: The voters should pick the president and the president should pick the justice for the Senate to consider," Biden said. "This was the position the Republican Senate took in 2016 when there were almost 10 months to go before the election. That's the position the United States Senate must take today, and the election's only 46 days off.

Trump, McConnell to move fast to replace Ginsburg

Photo: Alex Wong/Getty Images

President Trump will move within days to nominate his third Supreme Court justice in just three-plus short years — and shape the court for literally decades to come, top Republican sources tell Axios.

Driving the news: Senate Majority Leader Mitch McConnell and Senate Republicans are ready to move to confirm Trump's nominee before Election Day, just 46 days away, setting up one of the most consequential periods of our lifetimes, the sources say.

Updated 2 hours ago - Politics & Policy

Coronavirus dashboard

Illustration: Sarah Grillo/Axios

  1. Global: Total confirmed cases as of 10 p.m. ET: 30,393,591 — Total deaths: 950,344— Total recoveries: 20,679,272Map.
  2. U.S.: Total confirmed cases as of 10 p.m. ET: 6,722,699 — Total deaths: 198,484 — Total recoveries: 2,556,465 — Total tests: 92,163,649Map.
  3. Politics: In reversal, CDC again recommends coronavirus testing for asymptomatic people.
  4. Health: Massive USPS face mask operation called off The risks of moving too fast on a vaccine.
  5. Business: Unemployment drop-off reverses course 1 million mortgage-holders fall through safety netHow the pandemic has deepened Boeing's 737 MAX crunch.
  6. Education: At least 42% of school employees are vulnerable.