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Economic losses caused by the #coronavirus will, of course be co…

Posted on March 15, 2020 by Shahid Bolsen

Economic losses caused by the #coronavirus will, of course be compensated at taxpayer expense in government bailouts. This is the standard formula of using crises to necessitate the transfer of public money into the private sector. The victims of the economic repercussions will be small businesses.

The major retail companies will increase and consolidate their market share as smaller outlets who rely on walk-in customers go bankrupt.

Also, the enforcement of Martial Law style quarantine will force anyone who does not use banks to begin doing so, as all necessities will have to be purchased online for delivery.

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