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You point of absolute nonsense is good. The fact is there are NO real ways to deal with preventing the incoming shit storm, that are not mad.
And yes, the hospitality industry shouting about protecting it, are being selfish. It's far bigger than just hospitality.
Also maybe go here >> Covid 19 - the end of Capitalism?
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I share the same sentiments, the government needs to do something so people can actually buy food while not working, and there's places to buy food from. Maybe there needs to be some new type of company dormancy so when this is over and people can work again they can just start up where they left off without huge debt.
skinny
Sumo
@yetidamo
People are saying that the wishy washy government advice not to go to pubs, restaurants etc is going to kill that industry and that a firm ban would mean they can claim on insurance giving them a chance to pay staff and not go under.
But the problem isn't restricted to the leisure industry and the travel industry. All business will come to a grinding halt at the same time with many if not most small businesses folding and colossal levels of unemployment in a very short space of time.
I might be being alarmist but I can't see how this won't result in permanent and catastrophic damage to the economy and society as we know it today. Its clear there's going to be a period when the country (world?) comes to a standstill. The duration is unknown. But without significant and decisive action from the government NOW then a huge proportion of the populous will be so buried in debt, without any means of crawling back out of the situation (a job) that the consequences don't bear thinking about.
In my simple mind (I'm definitely not an economist) the only solution I can see is for the government to support the banks and financial institutions to implement a "freeze" on all personal loans, mortgages, taxes, business rates, leases etc for the duration of the enforced shut down. Effectively pausing the economy so that when we can all go back to normality, there are still businesses and jobs to go back to. If they don't provide relief or support then the financial institutions may be able to survive the short term of the crisis, but would then be dealing with a world where none of their debters can pay them back anyway which I assume would see them go under too?
As I said, I'm probably talking utter nonsense but wanted to empty my head here as I know I'll get some replies and I'd like to understand why I'm wrong. Be gentle. Thanks.