NSFW (language) Fun proposal on how to help people during Covid
-
wrote on 17 Apr 2020, 18:27 last edited by kluursLink to video for banks to help workers. He doesn't take into account the time value of money - but he does a good job of critiquing the current bank proposals of the furlough.
-
wrote on 17 Apr 2020, 19:45 last edited by Axtremus
Go, Vic, go!
I like this guy, that's a good working folks' hero persona, and the basic idea of tagging loan payments to the back end of the loan term has merit, though the same idea won't work for rents since leases are typically short term since there would not be much amortization if you delay three months' rent payments and tag that to the end of a 12 month lease. -
wrote on 17 Apr 2020, 20:06 last edited by
Awesome! I have been saying the exact same thing since the beginning of the "shutdown".
-
wrote on 17 Apr 2020, 23:21 last edited by
Where was the plan?
We never should have shutdown without a plan to start back up.
And that plan should have objective triggers that would cause things to open.
-
Where was the plan?
We never should have shutdown without a plan to start back up.
And that plan should have objective triggers that would cause things to open.
wrote on 18 Apr 2020, 00:48 last edited by@Copper said in NSFW (language) Fun proposal on how to help people during Covid:
Where was the plan?
We never should have shutdown without a plan to start back up.
And that plan should have objective triggers that would cause things to open.
Maybe next time?