[05/05, 10:42] Raju JP: GDP may shrink 5% but it doesn’t mean we are all doomed
https://www.freemalaysiatoday.com/category/opinion/2020/05/03/gdp-may-shrink-5-but-it-doesnt-mean-we-are-all-doomed/
[05/05, 10:44] Raju JP: Guna
Based on the above, governments can consider to provide universal basic income via monetisation of debt.
What is your opinion monetisation vs printing money?
[05/05, 10:54] Gunabalan.Esq: What is point of saving human lives from virus if they commit suicide or die of hunger?
[05/05, 10:56] Gunabalan.Esq: This is a WAR.
WAR against the Virus.
Country must be lead through wartime with responsible government.
Whether monetisation( jual asset) atau U.B.I. it matters not.
As no money means hunger and death.
٪%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%%
[05/05, 11:34] Tirath:
Sah, Semua nya OK!
Politicians and their managers have The Cash flow and necessary legal and physical protection.
The ordinary are slaves to the T10 masters.
Slaves are meant to be used and discarded when beyond their use before date.
Relax, universal or any other income other than from the slaves' own personal slogging is huh a tantalising thought, what if!
[05/05, 11:52] Tirath: Social media marketing is spinning a tale.
The more stupid the better and faster it spreads like a wild bush fire.
90% social media never even read the first full para. They either forward it or delete it. Do you have a spin doctor doctoring a twenty word spin on Universal Income?
When ready i shall be happy to share it.
[05/05, 11:42] Gunabalan.Esq: No need.
The internet is the perfect medium to sell ideas to the masses.
When the masses turn, ie demand, even the 1% knows better than to cross their demands
[05/05, 11:59] Gunabalan.Esq: Its already being done as you read this🐥
As it is, this pandemic is showing workers worldwide, how every Worker has been brutally divided into two classes:
- those whose employers protect them from the virus,
- and those who lose their jobs or their unemployment insurance if they refuse to labor under dangerous conditions.
This pandemic is an eye opener as well to Big Companies, who will take the opportunity to replace demanding, imperfect people with machines or artificial intelligence wherever possible.
The path is straight. The path is open.
It just needs seeing.
On the other hand, further extrapolation on my part indicates that if in the short term ( before a cure is found and given out to the world) governments DO NOT identify and help their voters in this crucial times....... as more time unravels the sheer amount of financially broken society members everywhere, real change in leaderships will look newly possible...... even in light of, the unprecedented measures the government has already taken to combat the crisis.
Thats when they will turn to AI and robotics in strength.
Its no longer a moot question.
Also, the effect of those conjured trillions of dollars to bail out businesses in USA, JAPAN, UK and the EURO will start to effect liquidity and currency base ( meaning: imported supply inflation locally will hurt more families ) which means it would cause further financial disruption for workers families world wide down the road.
( within about 2 years )....ie society would revolt.
Granted, that’s not what happened in the 1997 or 2008 financial crisis, when the government primarily rescued the banks — but this time the problem is world wide and its a supply chain disruption......a totally new beast. Not a demand problem as it was earlier.
So this crisis brings with it an opening for collective action.
Those people sitting in leadership roles have to be ready to counter this.
How it will work remains to be seen.
You see, Revolutions and Pitchforks aren’t effective against social-media algorithms, and GLcs and BIG COPRPORATES might not care if some large fraction of the population can’t buy its stuff, as long as the rest keeps buying more.
But if the 1% and the winners of the AI revolution want to avoid the business disruption of an actual revolution, they should be prepared to negotiate a new and very different deal starting now....for the workers and their families.
No comments:
Post a Comment