will the UK also give everyone free money 🤔

if they are telling people to stay isolated, and companies arent hiring...... people on job seekers dont get a lot it seems already so theyre gonna be fucked

Lolbertarians seething rn

why should the government pay for people being laid off? why dont people have savings ?

Because they can't afford it?

A lot of the populace live paycheck to paycheck

to start with they can suspend the alcohol duties for companies who convert to making alcohol based cleaners so they don't need to crowdsource the duties

people are overeacting on the money

this hopefully will be a rude awakening for people who live paycheck to paycheck

this market analysis guy I watch sometimes has put all the corona data into his analysis spreadsheets ...kinda interesting https://youtu.be/PvdRW0PSzFQ?t=177

apparently what we're doing is working

he lives in london so hes talking from a UK perspective

to everyone criticising the money handouts, fair enough. but to criticise the individuals for lack of corporate or private savings is to ignore the reality of the current economic system. You borrow, because borrowing is cheap and you can convert that into assets you want to use and experiences you want to live. There is little incentive for banks to lend less, so they always lend and people always borrow. Savings are effectively worthless compared to living in the moment, and the economy is heavily incentivising this - presumably at the expense of some future generation who has to correct the skyrocketing debt. Most likely there is a massive financial overhaul and debt default coming in our lifetimes - your savings will become worthless anyway when the system reaches breaking point, so why not just spend and ask for a handout when things get tough?

That being said, it goes against every instinct I have.

bUt iF yOu LiVe pAyChEcK 2 PaYcHeCk iTz yOuR faUlT

nOt dA fAulT oF tHe gOvErnMenT cOs i cAn mAeK eXcUsEs 4 eM

go back to labcord and circlejerk over fantasies of pandemics creating commie revolutions?

this isn't your safe space buddy

whilst it's not, they're still able to tell you they don't want you here

this isn't your safe space either buddy

you don't have to be welcome

chillout folks, let's not make it nasty

they can tell me that and i can tell them its not their safe space which i did

correct

its hardly nasty

and in response to Greasy, yes, it's inevitable some people are going to need help

but can I tell you that you can tell me that I can tell you its not a safe space?

i can call you a brainlet for even thinking they think it's a safe space

how dare you wacka

But it doesn't alter the fact that this "buy it now" "live off debt" "live paycheck to paycheck" culture that has developed over the last 30 years is bad, we all knew it was bad, we all TOLD you it was bad, but you knew better

So you should expect some tough love

How did that culture develop Eccles?

boomers

finance

like all cultures, across the board

something something neoliberalism?

buy your new sofa now... pay over the next 7 yrs

i would suspect it started as a result of the relaxing of banking laws

lending laws

same for your tv, car, kitchen appliances

I don't think long term financing like sofas would be the issue

but it's one of those things where everything plays into it, everything is to some degree linked to everything else