Post
Topic
Board Economics
Re: We need a economic revolution right now .
by
Latviand
on 06/04/2020, 06:55:23 UTC
~snip~

At this point, people are completely powerless because most are quarantined, mostly scared and uncertain about what will happen in the future. How do you envision an economic revolution at a time when much of the world is actually sinking deeper into the abyss of the economic crisis?

USA now blames China for hiding real data (which may or not be true), but this does not detract from the fact that the major powers of the world have largely been irresponsible in dealing with the problem at hand. In time when China is warning the world, Italy and UEFA have organized a football match in Milan in front of 40,000 spectators (Atalanta Bergamo - Valencia) two and a half months after the first recorded case in China. This match was a virus bomb, Italy and Spain are now paying huge price for that.

Even after that, other countries were reluctant to accept the real threat, so we witnessed Trump's incredible statements that the US would have no more than 15 infected, or the British prime minister who planned to infect 40 million people - and today they have a mortality rate of nearly 10% from this virus.

When all this goes through, people will have the opportunity to elect new politicians in the next election, but given the very short-term memory and very poor politicians overall, it is difficult to expect any changes. One should not be overwhelmed by some apocalyptic thoughts, as only about 20% of those infected have serious symptoms of the virus, about 4-5% of which will die on average.

It's a cruel reality, deal with it and adjust, learn from mistakes you do this time and try to prepare for what is coming in the future. The virus is just a warning that the world is quite unprepared for any global crisis, and may in some ways reset traditional thinking and encourage people to make radical changes, especially in the healthcare system.

The sad fact is the figures are getting worse , it is hitting the younger generation more than expected , you can see a clear cut demarcation between the real practical motality rate and the theoritical one .

One more crisis we are done , we don't have savings because of everyday expenses , everyday routine , what else would you expect from a common man who is striving hard to just excel at living?

Trump was the stupidest decision the people of the US made , second to the fact that 7% of the Americans think that chocolate milk comes from Brown cows .

This is on point, the government have no feasible plan or effective plan to handle this kind of crisis. As people are staying at home, government officials are also staying inside their houses doing nothing and letting it their countrymen suffer from famine and virus. They don't properly distribute some goods or items to survive this quarantine and if they give something, that thing is not enough to support their lives if they have a big family. During this kind of pandemic, you will really see the true politicians who are willingly sacrificing their lives just to help people and you will also really see the politicians who are useless and corrupt. We can't deny that there are no perfect government, but they should do their responsibilities and mission so that people will not experience this kind of suffering. I hope that not all government in each countries are corrupt because someday we will vote for the politicians who are responsible enough and deserving for the political position.