politicians are sleeping

[pe7erpark3r]

Businesses are going bancrupt, because of this crises. Of course they are. And... are you guys aware what this means? Corona Virus has a survival rate of 95%. Fullblown economic breakdown has a survival rate of much less. Maybe 60%. Why? Because the health care system is going to fall apart - not that the US has one of course - and you'll die of any stupid illness, that doctors are capable of saving you from today...

And politicians are not acting fast enough. Strangely enough, since I read a plan from the german government that they wrote in 2012 about a corona virus pandemic, and how the government needs to react. (No there is no conspiracy, back then SARS had just shocked the world, which is a Corona Virus...)

What needs to be done? We need to freeze the economy, so we can restart it afterwards. How do you freeze the economy?

So, how to put this in a frozen state?

• the state prohibits rent (or reduces it to say 25%)
• the state prohibits firing of employees
• the state prohibits the payment of interest to banks (or reduces it to say 1%)
• the state prohibits the payment of salary for employees who don't work
• the state pays the non-working employees 50% of their monthly income
• the state pays landlords who have no other income 50% of their rent
• the state gives 0% credits to pay for investments that were already made, and that will arrive at the consumer after the crisis
• the state prohibits the payment of salaries greater than 7000 dollar per month - nobody needs that much money

Why does this work?

• the company will have no income, but it will have to pay nothing either
• the employees do not have to pay rent
• the employees do not have to pay bank interest
• the employees have enough money to buy food, internet, and other things that keep running
• salaries are the biggest expenses for nearly all businesses
• the banks can survive without the interests too, since they too, do not have to pay employees
• there are prolly some details that I have missed and that the stant will have to pay too

Everybody has less, but the economy does not break down, it is simply frozen, and it can thus restart (no business goes bancrupt, employees keep their jobs). Of course this only works for a short time, so lets hope this mess does not last for a year...

[pe7erpark3r]

well, concerning that conspiracy issue...

this pandemic might not have been instigated, but the rich & powerfull most certainly will use it to their advantage - unless it kills them first :joy:

So watch out. The german government is trying to

• introduce work on sundays
• increase working hours
• save big companies and ignore little ones

[Indrid Cold]

Agree with your freezing-of-the-economy idea, PP; we already have a job retention scheme in the UK (I, for one, am still getting 80% of my salary for doing jackflip). But I'm aware that the US economy and healthcare system is VERY different to the UK. It's swings-and-roundabouts. America has a much more bluecollar-orientated industrial sector (but less than Germany, and _much_less than China). The UK has practically nothing. Morally and economically, we can't afford to say the 5% of oldies who'll die are collateral damage,

[kaia_]

We're facing global recession. Shrinking to survive.

[mikeJB]

this is all true. but please explain to me wtf the stock market keeps doing these 1,000 point jumps if all you say is true? people are dying and this is good news? i will never understand it. maybe it's just greed itself

[Imduck]

@pe7erpark3r Lol yea the real estates r goin real low rn..sooo..this will be remembered as a good time for the rich if they can manage to save their butts frm the pandemic..xDD

[JamieM117]

Here's the problem though, people are saying it's a good time for the rich and while this may or may not be true there is a bigger problem. They are losing money with less workers in the workforce and less people out buying. They didn't want to do this when COVID-19 hit the US, no they wanted to keep making money. If you aren't a 1% your life is forfeit to them, the real question isn't freezing the economy, it's how we deal with the fact that we are all cannon fodder to begin with. What do we do about it?

[pe7erpark3r]

@mikeJB said in politicians are sleeping:

this is all true. but please explain to me wtf the stock market keeps doing these 1,000 point jumps if all you say is true? people are dying and this is good news? i will never understand it. maybe it's just greed itself

People are betting on the outcomes of these things. A lot of money can be made in a crisis if you set on the right horse and leave the wrong one. Need more explaining?

[pe7erpark3r]

@JamieM117 said in politicians are sleeping:

Here's the problem though, people are saying it's a good time for the rich and while this may or may not be true there is a bigger problem. They are losing money with less workers in the workforce and less people out buying. They didn't want to do this when COVID-19 hit the US, no they wanted to keep making money. If you aren't a 1% your life is forfeit to them, the real question isn't freezing the economy, it's how we deal with the fact that we are all cannon fodder to begin with. What do we do about it?

Honestly... I think maybe it's a good thing everything is going to fall apart. That way we'll get rid of the enslavers of humanity. We just have to rebuild the system in a better way.

I have a few ideas. For one, taxes should be exponential. E.g. the more you make, the more (in percent) they take from you. Because the problem are the super-big companies, and the super-rich. We don't need them. They are bad for society. We don't need super big. It should just get harder and harder to make more money, the more you have. Currently it's the other way round. If I had a few millions, I'd be a billionaire in no time. This is crap.