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Just like delaying salaries is forcing your employees to provide free credit to your business, a moratorium is: forcing a group of people to finance another gro
by twelve40 6y ago
Just like delaying salaries is forcing your employees to provide free credit to your business, a moratorium is: forcing a group of people to finance another group of people out of nowhere, out of contract, on a whim. There could be other solutions, like rearranging taxes etc, but the most convenient is just to fuck the small landlords with an emergency decree because they have nowhere to go and can't do anything about this.
- vanusa 6y agoYes there are side effects (and we should do something to ameliorate these side effects) -- but it's done with a broader purpose in mind: to avoid a humanitarian catastrophe -- which, even if you don't particular care about the people directly affected -- has the further effect of prolonging the pandemic. Or in other words: to prevent the boat from tipping over completely. So while there are side effects -- it's not like you can say it's being done "on a whim"