BawWatchin Posted March 18, 2020 Share Posted March 18, 2020 Every country in the world panicking about their economies. Why don't they all just agree to spend like f**k in order to get through this, then simply write the whole thing off after? 0 Quote Link to comment Share on other sites More sharing options...
Robin.Hood Posted March 18, 2020 Share Posted March 18, 2020 It's tragic how fucking predictable scumbags are. They've now moved the foodbank donation box at our big shop because of this. We still have them out and they have little in them. Even closing the shop last night had zero impact.We are mega fucked regarding catching up.People waiting outside at 6am , running to see what toilet roll /pasta etc came in 0 Quote Link to comment Share on other sites More sharing options...
Robin.Hood Posted March 18, 2020 Share Posted March 18, 2020 Well, in theory, the kids aren't being kept off school to socialise with their mates. Responsible parents should be keeping them in the hoose as much as possible. So there's not going to be as much risk of passing it onto grandparents if the kids haven't been anywhere to catch it in the first place.They will still get dragged to the shops as parents need to get food and they will wanna get there kids up early to get the food that is available. 0 Quote Link to comment Share on other sites More sharing options...
Guest bernardblack Posted March 18, 2020 Share Posted March 18, 2020 We still have them out and they have little in them. Even closing the shop last night had zero impact.We are mega fucked regarding catching up.People waiting outside at 6am , running to see what toilet roll /pasta etc came in In my local supermarket the amount of fresh food left was unbelievable. People have just stopped cooking it seems...or forgotten you can freeze stuff 0 Quote Link to comment Share on other sites More sharing options...
Sergeant Wilson Posted March 18, 2020 Share Posted March 18, 2020 1 minute ago, G_Man1985 said: We still have them out and they have little in them. Even closing the shop last night had zero impact. We are mega fucked regarding catching up. People waiting outside at 6am , running to see what toilet roll /pasta etc came in I hope you're moving them from the normal aisle. 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2020 Share Posted March 18, 2020 Just now, bernardblack said: In my local supermarket the amount of fresh food left was unbelievable. People have just stopped cooking it seems...or forgotten you can freeze stuff I hope to christ the takeaways are still delivering !! 0 Quote Link to comment Share on other sites More sharing options...
harry94 Posted March 18, 2020 Share Posted March 18, 2020 2 minutes ago, bernardblack said: In my local supermarket the amount of fresh food left was unbelievable. People have just stopped cooking it seems...or forgotten you can freeze stuff Thought it was funny seeing someone in Lidl have a heads gone at the lack of tins of chopped tomatoes yet had about thousands of fresh tomatoes right behind them. 1 Quote Link to comment Share on other sites More sharing options...
Dons_1988 Posted March 18, 2020 Share Posted March 18, 2020 13 minutes ago, Sergeant Wilson said: Was the border's last job as a transfer window? The border would've slammed shut then, surely? 1 Quote Link to comment Share on other sites More sharing options...
BawWatchin Posted March 18, 2020 Share Posted March 18, 2020 3 minutes ago, MixuFixit said: Because the money comes from investors buying bonds, and they're not going to buy those bonds if governments say they're not going to pay them back. Use monopoly money then. Who cares. This is a worldwide issue. Not an economic competition. Our ideological monitory system shouldn't apply here. 1 Quote Link to comment Share on other sites More sharing options...
Gordopolis Posted March 18, 2020 Share Posted March 18, 2020 2 minutes ago, BawWatchin said: Use monopoly money then. Who cares. This is a worldwide issue. Not an economic competition. Our ideological monitory system shouldn't apply here. Yep. It's not about competition or proprietorship. It's about survival. 0 Quote Link to comment Share on other sites More sharing options...
coprolite Posted March 18, 2020 Share Posted March 18, 2020 12 minutes ago, MixuFixit said: Because the money comes from investors buying bonds, and they're not going to buy those bonds if governments say they're not going to pay them back. Not if they're QE instruments. (aka printing money) 0 Quote Link to comment Share on other sites More sharing options...
BawWatchin Posted March 18, 2020 Share Posted March 18, 2020 1 minute ago, MixuFixit said: Risks hyperinflation. In any case it's basically free for governments to issue bonds just now because demand is so high that yields are tiny. There's nothing stopping them. Other than ideology of course. Hyperinflation occurs when one country goes on a printing frenzy while the others don't. What i'm suggesting is that we rip up the economic rule book (at least temporarily) and tackle the issue in a world wide effort. Money shouldn't even be a factor in tackling this issue. Every country wants it gone. We all share the same common goal here. 0 Quote Link to comment Share on other sites More sharing options...
Granny Danger Posted March 18, 2020 Share Posted March 18, 2020 I have no worries about the economic impact so long as trade can continue. Government can make necessary spending decisions if they need to. What this will highlight is that the need for austerity in ‘normal’ times is right-wing propaganda. 1 Quote Link to comment Share on other sites More sharing options...
BawWatchin Posted March 18, 2020 Share Posted March 18, 2020 1 minute ago, MixuFixit said: & it doesn't need to be. As said government borrowing is effectively free just now. Borrowing shouldn't even be necessary. Every country in the world will be borrowing to offset the economic impact which will inflate the world wide debt figure even more. Which is utterly ludicrous. Just shake hands and write the damn thing off. 0 Quote Link to comment Share on other sites More sharing options...
Detournement Posted March 18, 2020 Share Posted March 18, 2020 A bit of inflation would be handy for everyone in debt. The hysteria about panic buying is way OTT. Very few people are buying huge amounts. Most people are buying a wee bit more than usual and filling their cupboards and freezers with non perishables the way we all used to before it became normal to shop multiple times a week. That has overwhelmed the supply chain but it should catch up. I was just reading about gig economy companies announcing a fund for 'workers' with symptoms but as you need a doctor's note it's impossible to access right now. And anyone who applies for it is banned from the app. Scumbags. 1 Quote Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2020 Share Posted March 18, 2020 8 minutes ago, Snafu said: Nope! This is Darwin's theory of evolution by natural selection in action. It starts to become real when you can't get your mega munchy box (platimum edition) delivered. 0 Quote Link to comment Share on other sites More sharing options...
Rugster Posted March 18, 2020 Share Posted March 18, 2020 19 minutes ago, Dons_1988 said: The border would've slammed shut then, surely? Did you read the headline on the tweet? 0 Quote Link to comment Share on other sites More sharing options...
BawWatchin Posted March 18, 2020 Share Posted March 18, 2020 1 minute ago, MixuFixit said: I don't understand how this is better than existing mechanisms at this time. Because guaranteed when the ideological world wide debt figure sky rockets, the burden will fall on the same people it always does. There's going to be a whole lot of debt defaulting after this, especially by business owners. Which is basically the government covering the debt at the cost of the poorest and most vulnerable. Something we'll see across the globe. Something that can be completely avoided by simply writing the whole thing off world wide. 2 Quote Link to comment Share on other sites More sharing options...
Detournement Posted March 18, 2020 Share Posted March 18, 2020 (edited) Governments have already created about 20 trillion dollars of QE money from thin air but they only use that power to inflate and prop up the wealth of asset holders. We live in market economies where manufactured scarcity - in housing, health, education - is required to sustain the wealth of the few. Because of that liberal governments will never willingly change monetary policy. Edited March 18, 2020 by Detournement 0 Quote Link to comment Share on other sites More sharing options...
Guest Posted March 18, 2020 Share Posted March 18, 2020 BBC NEWS HEADLINE, "Musicians share sadness at 'heartbreaking' Glastonbury cancellation" Good to see they've got their priorities right, clowns. 0 Quote Link to comment Share on other sites More sharing options...
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