We canât have level 5 while the rest of Europe is at level 1 or 2 at most, it wonât fly.
We also wonât have austerity, there wonât be austerity across Europe and so we wonât have it here. Increased spending will be wound down, but we wonât be into austerity. Again, simple.
Basically, you have Stockholm syndrome, you are in it so long so are convinced it will always be this way.
I donât think you quite understand the meaning of Stockholm syndrome.
I stand over my points. The state has exercised a level of control unprecedented in a western democracy. If I go shopping for my elderly and frightened parents I am subject to randomly having to account for my movements to a policeman who has the power to impose criminal penalty on me as he/she sees fit.
On austerity, who else is going to pay for 2 years of the 0.5 million welfare payments? The banks?, the multinationals?, the EU?
Ok, you do get that every other western democracy has the same measures in place because and itâs because we are in an unprecedented crisis?
The same with the bill for this. Itâs a huge cost but itâs a once off huge cost, every EU country faces the same bill. We cover it by borrowing, and the EU has committed to providing the money at pretty much zero percent therefore it is free money.
You canât print money forever. The sooner lockdowns end or are relaxed, the sooner economies can recover and the sooner Government borrowing can reduce. There should be a spending increase because of the excess savings that people have accumulated through lockdown provided they have something to spend it on. But no one is going to bring back the private businesses that have gone bust.
Was the whole world not in a recession back then too? Youâre right though not a hope of level 5 until autumn bar it all flares up again very bad with some new strain. As someone said it is literally as simple as whatever UK USA and Germany are doing well do.