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Old 13-05-2020, 00:03   #3281
jfman
Architect of Ideas
 
Join Date: Dec 2004
Posts: 11,146
jfman has a nice shiny star
jfman has a nice shiny star
Re: Coronavirus

Quote:
Originally Posted by Pierre View Post
Ok, I’ll break it down for you. Government bonds have to repaid. Yes or No?
Exactly the kind of obfuscation I've come to expect from you, Pierre - is the Bank of England a business - yes or no?

I will now note the absolute lack of response to my post the other evening which I will quote now:

Quote:
Originally Posted by jfman
I fail to see how I can reasonably be accused of lacking vision when I’ve correctly identified a number of variables for any successful risk assessment.

There’s no obligation to try to unfurlough workers as soon as possible - that’s simply your personal preference in the matter principally because of your political ideology. For some businesses opening up will remain not commercially viable for the foreseeable - in these cases unfurloughing staff “ASAP” as you put it would make no commercial sense and actually would leave some company officers in breach of their legal obligations in respect of foregoing Government assistance and incurring needless losses.

Great business owners and entrepreneurs know state hand outs are a great idea instead of them taking losses themselves.

I think you lack vision in this regard.
Have you had enough time to consider a response to this yet?

I'd call you a junior economist but for the fact I'd not discredit novice economists and I'm doing my best to stay in this thread.
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