After the fear porn has worn off. People begin to wake up and acknowledge their current situation. It won't be the virus that is remembered. But the reaction to it. The reaction will be considered the biggest blunder in modern history. But it will be good for anyone with cash ready to deploy.
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Biggest BLUNDER in Modern History!
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Originally posted by running View PostAndrew Neil is joined by David Nabarro, World Health Organization special envoy for Covid-19; Andy Preston, mayor of Middlesbrough; Pat Leahy, political edit...
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Originally posted by running View PostAfter the fear porn has worn off. People begin to wake up and acknowledge their current situation. It won't be the virus that is remembered. But the reaction to it. The reaction will be considered the biggest blunder in modern history. But it will be good for anyone with cash ready to deploy.
One thing you should realize is the way the economy is supposed to work is unmaintanable on the long term anyway. The need for a lockdown and how certain businesses depend on perpetual cash flow only makes that apparent. We can and should do much better.
The virus is a symptom. Not only from the place it originated. Intensive farming and the food industry is creating circumstances in our countries too where it is just waiting for a disaster.
On the long term looking back the biggest blunder might be how we didn't react to such insights since the freaking 80's of the former century. Frogs in a pot with water slowly heated. That's the behaviour of the majority. As long as we can go to work getting some bread on the table, the death of the less fortunate are all bearable. Right? They don't even die all by far, so getting a tube in their throat laying weeks in coma on the IC and have a recovery of months in many cases is the other consequence. Happily the healthcare system is so good that economy will run as usual and all those people can ride it out in fine conditions, right? Not worth wearing a mask for or practice social distancing, for sure.
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Originally posted by Din Djarin View Post
In some areas in the world citizens complain the reaction is too weak and leaves too much open to interpretation, and in others it is perceived as too rigid.
One thing you should realize is the way the economy is supposed to work is unmaintanable on the long term anyway. The need for a lockdown and how certain businesses depend on perpetual cash flow only makes that apparent. We can and should do much better.
The virus is a symptom. Not only from the place it originated. Intensive farming and the food industry is creating circumstances in our countries too where it is just waiting for a disaster.
On the long term looking back the biggest blunder might be how we didn't react to such insights since the freaking 80's of the former century. Frogs in a pot with water slowly heated. That's the behaviour of the majority. As long as we can go to work getting some bread on the table, the death of the less fortunate are all bearable. Right? They don't even die all by far, so getting a tube in their throat laying weeks in coma on the IC and have a recovery of months in many cases is the other consequence. Happily the healthcare system is so good that economy will run as usual and all those people can ride it out in fine conditions, right? Not worth wearing a mask for or practice social distancing, for sure.
In capitalism you have competing ideas at work. These ideas last until better ideas come. This process makes for more and more efficiency. Which is why life has gotten better and poverty has come down. By competing ideas.
Farmers have become more efficient not less efficient over the years. The last few have been incredibly well. We have gone from 90% to about 3% of the people in agriculture since the inception of fossil fuel and tractors. Many workers were displaced with the first tractors coming into and leading into the great depression. Many of these workers got new training in the military during ww2. The growth of the oil industry in California, and Texas brought us out of the depression. As energy and gdp are strongly related. Im probably going off topic a bit. But im trying to explain the last 100 years of agriculture and economy.
Wealth gaps are historically a result of monetary policy. When the value of money goes down it creates a wealth gap. Those whom have money in appreciating assets and speculate become richer. While average folks lose their buying power as assets go up and savers lose money through inflation. A hidden tax. The 80's the monetary policy was much better than previous times. Interest rates were above inflation. the 70's saw real negative rates. Worse than today.Last edited by running; 10-13-2020, 07:57 PM.
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Honestly? The only blunder is that we weren't all in it together. We should have all stayed indoors as a part of a quarantine for a month the exact moment there was community spread in California.
I knew it was all over then. 200,fucking,000 THOUSAND people have died. I knew it was all over the second there was community spread. And said as much.
Now, if we could have chilled out a month, it'd be a different story. But we can't chill because we're vulture capitalists. Essentially your smiley happy corporations doomed you.
And, mark my words, this is just the start of the twenties. We're in for a world of hurt.
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Originally posted by neonspectraltoast View PostHonestly? The only blunder is that we weren't all in it together. We should have all stayed indoors as a part of a quarantine for a month the exact moment there was community spread in California.
I knew it was all over then. 200,fucking,000 THOUSAND people have died. I knew it was all over the second there was community spread. And said as much.
Now, if we could have chilled out a month, it'd be a different story. But we can't chill because we're vulture capitalists. Essentially your smiley happy corporations doomed you.
And, mark my words, this is just the start of the twenties. We're in for a world of hurt.
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You're honestly coming at me saying the elderly's lives don't matter, and expecting a change for the better? Brother, you're in for a world of hurt.
The blizzard...the blizzard of the world has crossed the threshold and it's overturned the order of the soul. When they said, "Repent," I wonder what they meant.
It only goes so far, my friend.
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Originally posted by neonspectraltoast View PostYou're honestly coming at me saying the elderly's lives don't matter, and expecting a change for the better? Brother, you're in for a world of hurt.
The blizzard...the blizzard of the world has crossed the threshold and it's overturned the order of the soul. When they said, "Repent," I wonder what they meant.
It only goes so far, my friend.
copied from my post in quotes.
" can agree people over 70 and those whom have other health problems should stay home. But that does not stop an economy as most of them are retired."
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