As an increasing number of countries go into lock down to prevent the spread of corona-virus, concerns are mounting about how we’re going to take care of the financial crisis brought on by this major slowdown in productivity, especially on small companies unable to withstand a few weeks of income reduction, as well as the impact on families.Some authorities are providing tax breaks, attempting to stop layoffs by subsidizing firms to maintain staff on, declaring moratoriums on mortgages obligations… however, the proof is clear:
These are band-aid options for an unsustainable financial model that’s rust out.Because a pandemic is the […]
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