Brandon Smith
Of course, with lockdowns in place the spread of infections is bound to decrease eventually, but I think the average person has no concept of how long the economic collapse will last even after the virus is “under control”. Understand that there is NO coming back from this event in terms of the economy. Our 70% service based system has been destroyed already, most people just don't realize it yet. The majority of small businesses in the service sector will be wiped out in the next two months if they are not wiped out already.
As during the Great Depression, major corporations (most of them) will be allowed to survive while small businesses are bankrupted and absorbed, further centralizing management of economic activity into the hands of a select few. In the meantime, a majority of people will be completely dependent on government aid in one form or another just to survive.
The pandemic threat will continue for many months to come, perhaps with intermittent periods of loosened restrictions and lifted lockdowns. The public is being conditioned with a “wave model” of crisis and release, as I outlined with evidence in my last article 'Waves Of Mutilation: Medical Tyranny And The Cashless Society'. This means that the economy is never coming back as it was, and tens of millions of people will remain jobless for a prolonged period of time.
I predict that the establishment will support the populace with a form of Universal Basic Income (UBI) for a little while (2-3 months), and then, as the economy continues to crash, they will start cutting off these benefits to some people while adding requirements restrictions to receive benefits for others.
When government becomes your sugar daddy, there are always strings attached. In some states they are already telling the public what they are allowed to spend their money on. In Vermont, for example, the state has declared numerous items in stores “non-essential”, which means you are not allowed to buy them. The claim is that you are allowed to buy them online, but in many cases people are blocked from doing this as well. Even garden seeds have been labeled “non-essential”.
Proponents of these restrictions offer two reasons: One, it will supposedly reduce the amount of people going to stores thereby reducing the risk of infection. And two, our spending needs to be controlled so that we do not waste money on “frivolous things” during the economic downturn.
Neither of these explanations is logical or acceptable. People generally go to stores to buy essentials along with “non-essentials” and so they will be “risking infection” regardless. Isn't the whole point of social distancing and precautions like gloves and face masks supposed to allow the public to function while avoiding infection? Yet, the state is telling us this is not enough. We also have to be told when and how we can spend our money.
And what about the government enforcing responsible spending? Since when has the government EVER been an expert on spending money responsibly? It is massive government debt along with massive corporate debt that has debased our economy from the very beginning. They are the reason we are in an economic crisis, not the coronavirus. Yet, they now think they should be allowed to give us orders on being frugal? They can go to hell.
Imagine how numerous the rules and restrictions on the people will be once we are trapped into dependence on UBI and government aid. How much freedom will we have to give up just to get that monthly check? It is one thing to take the pandemic situation seriously and self-isolate for a while; it is another to sit back and allow the establishment to erase all our civil liberties in a matter of months in the name of "the greater good of the greater number".
Beyond that, the pandemic crisis concerns me much less than an economic collapse, which was an inevitability even before the coronavirus went mainstream. How do we reconcile the government's extreme response to the pandemic with the public's need to function economically? Are we just supposed to sit back and become slaves, dependent and clamoring for a meager UBI check every month? I think not.
No comments:
Post a Comment