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"Without universal basic income, we are totally f@cked." Speak only for yourself.

• JCharante 7y ago
  As in, don't speak for the non-americans or you think this problem isn't going to affect people with savings, because I think that a huge proportion of the population being broke will have consenquences for the rest.
  • tnel77 7y ago
    There are consequences for everyone, but some people may come out ahead on this one. I’ve locked in a crazy low refinancing rate on my mortgage, I’m going to refinance student debt, and my child staying home saves me A LOT since I don’t have to pay for daycare. There are consequences, but I may literally be better off financially (assuming the virus doesn’t get me). Edit: Example of consequences being my high-interest savings account has dropped about 1.5%, but everything else is going well so far.
    • kingkawn 7y ago
      All of your individual benefits are far outweighed by the collective loss of stability
      • tnel77 7y ago
        I never said that this is a good thing. I’m just saying that the suffering will not be evenly distributed.
        • _curious_ 7y ago
          Exactly.
  • _curious_ 7y ago
    The latter, and while agree, it doesn't equate to being f'd