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Old 22-04-2020, 20:17   #353
Sephiroth
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Re: Changes on the High Street

Quote:
Originally Posted by jfman View Post
Quite right. It’s the most basic bond between an individual and the state. You pay your fair share in, and you get something back.

If capitalism wasn’t in existential crisis before Coronavirus it is now hence the rush for businesses to get “back to normal”. The public, in this country and others, won’t tolerate billions in bailouts for big businesses when small businesses can’t even get support for 3-6 months.

Responsible Governments will seize the opportunity to buy assets and seek a return on investment longer term. The market has failed.
There's a lot of disjoint packed into that paragraph, jfman.

Quote:
If capitalism wasn’t in existential crisis before......
That is pure opinion on your part. Capitalism is a natural consequence of human nature. If it is in "existential crisis", were it to fall, what would replace it?

Quote:
The public, in this country and others, won’t tolerate billions in bailouts for big businesses when small businesses can’t even get support for 3-6 months.
Are you sure? Doesn't the public understand that big businesses are big employers? Would the public associate that with the braod brush statement you've made about small businesses?

I fear that part of your post is driven by antithesis to a particular economic system rather than on facts and rationalism.


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