As long as it takes. Central banks can do whatever the fuck they want. If they want to.
I think it’s quite instructive that types who previously prided themselves on their faux macho image are the ones crying like babies at being stuck in the house for a few weeks.
TG4 once showed a re-run of an International Rules match from 1990, it was played in Australia. Featured prominently on screen was a large pitch side advertisement for a company called “King Gee”. I chuckled away silently.
THIS is where the leaders will earn their money. It’s easy to stay on lockdown forever. But, the longer it lasts, the more the country will stay to implode. We might be saving lives short term, but costing people their jobs, social lives etc also costs lives, just over a longer term. It isn’t just an economy, people can and do die when it goes tits up.
It’s actually far worse than mere eugenics. It’s reminiscent of the Nazi’s Aktion T4 programme in its ideology. “Cleansing” the “race” of the weak. Eugenics and Aktion T4 were indivisible.
When you strip far right politics down to its bare bones, it’s always about holocausts and the next holocaust.
The likes of @ironmoth and @labane1917 are true believers in that not just demonstrably insane but objectively evil ideology.
And it permeates the right-wing regimes we see in place today and their attitudes to human life and dealing with this crisis.
With such spectacularly self-unaware stupidity, and on such a grand scale, you should take care you don’t end up as one of @ironmoth’s chosen weak to be sacrificed.
Of course. I’m not arguing that it’s not necessary. But there will come a point where decisions will have to be made and anyone who thinks otherwise is kidding themselves
Central banks now have very limited ability to do anything worthwhile. They can print money but that will lead to massive inflation, especially as we may have food shortages. The stimulus actions taken last week in the US are not funded by the Federal Reserve, they are from the Treasury. They are borrowing $6T to fund it and yes it will have to be paid back. By our kids and grandkids, and their grandkids.