Quote from: Ladysmith on Today at 04:56:25 PM

Quote from: squatz1 on Today at 07:00:03 AM

Quote from: Ladysmith on June 05, 2020, 04:22:20 PM

Small businesses are doomed. If they're not closed, they're being broken into. Wealth is being funnelled towards monopolies in a world economy that is anything but free. (If you want to work for a monopolistic organization, have fun selling your soul.)

If there is any hope of individual entrepreneurs making an honest living in this new era, they need:

1. TO SELL THEIR GOODS AND SERVICES ONLINE

2. Easy to use Decentralized platforms that let everyone with an internet exchange goods and services for any currency (such as the Virie Market-https://www.virieproject.com/) without centralized intervention. Basically an international, decentralized Craigslist with a built-in payment system that lets you use crypto, fiat or goods and services as payment (no bank accounts necessary-still billions of unbanked)

3. Inform themselves of the needs of people in other countries. Beggars are not choosers and this is great for business. You have something valuable that people elsewhere don't have.

Any other suggestions?

... Do you folks really think that looters are just looting small businesses? Come on. Big and small businesses alike are being hurt by this, and their insurance is going to pay out. Everyone in these areas are going to feel it with their preimums going up.

How are people going to earn a living after Covid? - Most likely in the same way they did before hand -- Working for an employer and earning a wage. Whether they're working from home are going to office doesn't really matter.

For the people that lost their jobs and now know what financial instability feels like -- in addition to their regular job if they're able to get it back, they're most likely going to save more and have a side hustle.

Nothing will really change in the long term in a macro scale though, at least in terms of wages and earning.

The actual big businesses are not being hurt-->Online retail, Silicon Valley, and banking.

People will not work for employers as much if employers can no longer pay wages. The money has to come from somewhere, and there will come a time where only the monopolies will be able to pay liveable wages.

The "side hustles" that satisfy basic necessities will become the main hustles for the most part.

You're literally just picking out the people who in this situation were able to win out. There were other big companies that were hurt as well --> See JcPenny and Hertz who just filed for bankruptcy.

Employers are still going to pay wages, and nothing is going to change in those terms. Yet again as I said before, more employees may be working from home as they now see that it can (mostly) still be done properly.

Side hustles will still be a thing as they are today. I don't think our entire economic system is going to crash b/c of this -- doesn't that sound a bit outlandish to you?