This is why central banks will be splitting out basal income (which will be COVID relief) and forming it as part of their responsibility under the money supply vs the politicians stimulus packages.
A global pandemic where 98% of us are being belted and at huge risk to losing everything and the politicians are playing games. It’s utterly insane.
Tell me about it. Great post. Honestly, during the first three months of this hyped pandemic, I really thought this may be a global issue akin to being hit by aliens, that may actually unite people into working for common interests. Not that I'm in any way idealistic, but I just thought it would be nice if that happened. Mainly because I thought this was a pandemic, and not a political issue.
But for that to happen, COVID would have to be a REAL threat. And a 99.7% survival rate for people under 70 is not a real threat. This is a real virus that has been massively exploited for political gain, and to make the super rich even richer, in a way that I've never seen before. In Canada, it looks like Indigo will go bankrupt, because I'm pretty sure they will be shut down starting on December 26th or 27th, along with all other "non-essential" businesses. Meanwhile, Indigo is a pretty big company - but it seems to me like they will get bought up and absorbed into Amazon. It's looking like only the absolute wealthiest of the wealthy corporations are getting richer, and the small and medium enterprise sector is being gutted, along with even some of the smaller corporations taking major losses.