Post-Lockdown
#16
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Joined: Feb 2011
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Re: Post-Lockdown
I got pissed and decided that the there needs to be a reduction in old people anyway. When you're drunk it sounds fair and justifiable compared to pretty inhumane when you're sober.....but the fact is we can't put the world on pause and think it's all going to be OK in the long term.
#18
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Re: Post-Lockdown
I think he said something along the lines of - the damage to the elderly has been done probably, they can't continue to pay people to do nothing and expect to survive with the debt it will create.
Fingers crossed for a vaccine early next year or something.
Of all the people to pop in and comment on that, you're not high on the list I'd have expected.
#19
Re: Post-Lockdown
Secondly, there were a lot of well known businesses surviving hand-to-mouth, the pandemic will finish them off (as we've seen). Good timing for those businesses who were clinging on by their fingernails, they can blame it all on COVID. Philip Green must be seething.
#20
Re: Post-Lockdown
I was talking to a friend several months ago who works in UK banking, two things he said stuck with me - the first being that our children will be paying for the recovery, not just us.
Secondly, there were a lot of well known businesses surviving hand-to-mouth, the pandemic will finish them off (as we've seen). Good timing for those businesses who were clinging on by their fingernails, they can blame it all on COVID. Philip Green must be seething.
Secondly, there were a lot of well known businesses surviving hand-to-mouth, the pandemic will finish them off (as we've seen). Good timing for those businesses who were clinging on by their fingernails, they can blame it all on COVID. Philip Green must be seething.
#22
Re: Post-Lockdown
1. Austerity
2. immigration
Its going to be hard to maintain services and wages in this framework. Hopefully we can inflate the debt away, but that also screws the non-asset owning classes.
#24
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Re: Post-Lockdown
and this time we don’t have a population boom to repay it. Which means we will have a combination of:
1. Austerity
2. immigration
Its going to be hard to maintain services and wages in this framework. Hopefully we can inflate the debt away, but that also screws the non-asset owning classes.
1. Austerity
2. immigration
Its going to be hard to maintain services and wages in this framework. Hopefully we can inflate the debt away, but that also screws the non-asset owning classes.
Austerity never brought the debt down post 2008, well, it stabilised it but I'm sure it stayed really high. Guess more of it would go towards paying those bills and these.
I can't believe over 10% of working people are still on furlough at the moment. My mate was terrified at the start of it but then realised he had a 6 week paid holiday, where he was actually better off (no petrol, lunches, parking or childcare costs were more than the 20% reduction)....in fact, the same guy works in a specific area of retail that's really busy at the moment and just got paid a really decent bonus.
Anyway, it all only compounds the uncertainty of what the hell to do with money at the moment.
#30
Re: Post-Lockdown
So now daily covid cases in the UAE are back to roughly double what they were when things started to ease off, do you think there will be a renewed curtailment of activities or are we over all that fuss and bother now? Abu Dhabi seems to be doubling down on making it difficult for people to visit from Dubai.