3 ms·

> It's of preventive and sustaining care for the entire economy until the global health emergency is resolved. How about we stop caring about the global econo

• dredmorbius 6y ago
  In this case the terms are effectively synonymous. This world won't support 7.8 billions of souls, even in the short term without the collective activity we call "the economy", here a stand-in for all productive capacity worldwide. In the long term, even that is likely not viable, which raises some interesting questions. My point wasn't that we need to sustain some monetary/financial engine. It's that the institutions and organisations which make our world possible will cease to exist absent some means of addressing operational requirements. The situation is analogous to a person who is sick and requires assistance to survice; nfood, water, medical treatment, but also support for bills, rent, and essentials, while they cannot work. Small-business failures in the US are approaching 50% for 2020. A third of tenants, residential and commercial, have stopped paying rent. Colleges are part of this same system, and face similar hurdles. Many were already in precarious shape, and it's likely that many will close. Regardless of your sympathies, this will have profound effects.