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The New Coffee Room

  1. TNCR
  2. General Discussion
  3. Covid wealth transfer

Covid wealth transfer

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  • jon-nycJ Offline
    jon-nycJ Offline
    jon-nyc
    wrote on last edited by
    #1

    Interesting.

    Only non-witches get due process.

    • Cotton Mather, Salem Massachusetts, 1692
    JollyJ 1 Reply Last reply
    • L Offline
      L Offline
      Loki
      wrote on last edited by Loki
      #2

      I’d say they started the 5g conspiracy as a diversion but In reality on some level Covid accelerated the shift from the industrial to the networked/digital age.

      Small businesses crop up like weeds. Prolly many of the same people. That statement is not so profound.

      And the twatter is more heat than light.

      1 Reply Last reply
      • HoraceH Offline
        HoraceH Offline
        Horace
        wrote on last edited by Horace
        #3

        If nothing else this points to the "economic numbers" not indicating a whole lot about the pain a country is experiencing. I note that because of the magic Sweden economy which is indistinguishable by the numbers from countries that locked down. I suspect numbers regarding small businesses might show a greater difference. Since they weren't locked down and all.

        Not to put a human face on this. I know the only human faces that matter are those who die from COVID (maybe we can get another anecdote, I am running low on the Anecdotium which fuels my psyche). The people who's businesses and financial futures have died are irrelevant. I know because I have yet to hear any anecdotes about them.

        Education is extremely important.

        Aqua LetiferA 1 Reply Last reply
        • HoraceH Horace

          If nothing else this points to the "economic numbers" not indicating a whole lot about the pain a country is experiencing. I note that because of the magic Sweden economy which is indistinguishable by the numbers from countries that locked down. I suspect numbers regarding small businesses might show a greater difference. Since they weren't locked down and all.

          Not to put a human face on this. I know the only human faces that matter are those who die from COVID (maybe we can get another anecdote, I am running low on the Anecdotium which fuels my psyche). The people who's businesses and financial futures have died are irrelevant. I know because I have yet to hear any anecdotes about them.

          Aqua LetiferA Offline
          Aqua LetiferA Offline
          Aqua Letifer
          wrote on last edited by
          #4

          @Horace said in Covid wealth transfer:

          Not to put a human face on this. I know the only human faces that matter are those who die from COVID (maybe we can get another anecdote, I am running low on the Anecdotium which fuels my psyche). The people who's businesses and financial futures have died are irrelevant. I know because I have yet to hear any anecdotes about them.

          You don't hear of any here, because we've yet to hear any kind of cockamamie horseshit about how there's no actual economic downturn due to the virus, that businesses closing is all a big hoax, and that the stories about closing businesses is all a false flag operation to get us to sell our souls to Jeff Bezos.

          Please love yourself.

          1 Reply Last reply
          • taiwan_girlT Offline
            taiwan_girlT Offline
            taiwan_girl
            wrote on last edited by
            #5

            I was reading an article about post COVID, the only restaurants around will be chain restaurants. Independent bars/restaurants will have gone out of business.

            (Now, the article did not say 100% will be gone, but basically that the trend would be in that direction.)

            I agree short term that will be the case, but US people are pretty good entrepreneurs
            and there will always be people interested in starting their own restaurant/bar business.

            Regardless of COVID, isn't something like that happening with the UK pub scene @Doctor-Phibes The number of indenpendent pubs has been decreasing a lot?

            1 Reply Last reply
            • Doctor PhibesD Offline
              Doctor PhibesD Offline
              Doctor Phibes
              wrote on last edited by
              #6

              British pubs have been in a bit of a death spiral for a while now. Breweries used to own the majority of pubs, but that changed, and there are a ton going out of business. Presumably Covid will accelerate the process greatly.

              I was only joking

              1 Reply Last reply
              • jon-nycJ jon-nyc

                Interesting.

                JollyJ Offline
                JollyJ Offline
                Jolly
                wrote on last edited by
                #7

                @jon-nyc said in Covid wealth transfer:

                Interesting.

                Well, my risk for the year is moving into some low-fat funds this last quarter...

                “Cry havoc and let slip the DOGE of war!”

                Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton

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