Covid 19 - the end of Capitalism?

Yes fam :D

Interesting thread. I dare not make predictions but does it feel like some sort of change / shift / reprioritisation is patiently waiting to step up to the plate? To me, I think it does. A decrease or normalising of house prices is pertinent to many, but is it true that while they slowly drift south, aren't any savings (deposit savings) in banks also shriveling, or worse, at risk of vapourising?

Inheritance and house stock will be pivotal, to what extent I wouldn’t like to guess.

LMFTFY, where have you been for the last ten years?

had a nation state, a welfare system and taxation

All I know is ocado have run out of Puy lentils, shit's getting medieval

All I know is ocado have run out of Puy lentils, shit's getting medieval

I'm already on the plain houmous. it's a f*cking nightmare!

The saddest part for me is that shops and small businesses that go tits up WILL NOT come back. This will just be another leg up for online retail and chains which offer shit employment prospects.

Yep. Those that survive will afterwards expand aggressively and gain market share or monopolies

Is anything actually going to change in Government? Boris just stormed the GE and is sitting pretty for 4 1/2 years. I'd love change, but its not gonna happen.

Ironically experts might put him in a stronger position.

Could local businesses do an advanced tab type thing. Pay upfront for say 6 coffees.
Can anyone with a small business, probably more hospitality focused, advise if this would be practical and helpful?

As in pay now, get stuff later?

Yeah

I guess one negative there is that it could lead to a cash shortage in the future, but still think it is a good idea. We were due to go to a farm cafe this weekend for mothers day breakfast, but has been cancelled, so we are buying gift vouchers for ourselves to make sure we go back when they are open.

You’re a bit screwed if the business folds but nice idea in principle.

Guess the idea is to try and help them to not fold...!

Yeah a risk and that could be made explicit but most people would like to help I’d think.
Just trying to come up with ideas whilst my own workflow has flatlined.

Of course, but the risk remains.

Great idea!
Yeah definitely consideration but might help smooth disruption.

Very much so, sadly. I'm hoping government does something to make sure places don't go under, so this would help over and above that.

Yes, I figure I am relatively well insulated thankfully, so will try and spend the money that I would have spent even if we can't use it now. We go to a play cafe most weekends with my four year old for a treat after she does Gym, so will be buying vouchers there too.

Short term thinking. What happens when you all go in and want to redeem your vouches and they've no cash flow?

Fair point. I think plenty of people would maybe risk £20-30 to save a place they love. I’d certainly do that for our chippy.

You aren’t going to go in and get six coffees at once. Plenty of places sell vouchers no different.

Feel free to come up with a better idea :-)

I think you underestimate the scale of the issue.

And while you might not redem all 6 coffees at once. If a lot of people did the same, it will impact and prolong the issue.

I'd say if you value the place and people, make a donation.

I dont think there really are good ideas. Its unprecedented.

You need something massive from government as already suggested. A total freeze of finances on nearly all levels. T