| So...both France and Germany are ensuring businesses have the funds 22:07 - Mar 16 with 4302 views | homer_123 |
To see them through. Central German bank making funds available to ALL german businesses.
Macron confirming no French company will suffer.
What are we doing? |  |
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| So...both France and Germany are ensuring businesses have the funds on 08:58 - Mar 17 with 596 views | WeWereZombies |
| So...both France and Germany are ensuring businesses have the funds on 08:11 - Mar 17 by hampstead_blue |
I've not read the whole paper save looking at points across the first couple of pages.
https://www.bis.org/publ/qtrpdf/r_qt1809g.pdf
Grab the first para and then he talks about banks rolling-over debt rather than calling it in. this merely prolongs the pain.
Low interest rates makes it easier for these firms to lumber on.
Any Gov pouring money into them just makes it worse. Sorry but the pain of people losing their jobs is inevitable.
It's impossible for a Gov to support an economy to these levels.
Some firms must have to go. It's an economic reality.
Why do the native Aboriginals burn trees and areas? To clear out the dead wood and allow new more vigorous growth.
We can't help everyone I'm afraid. |
You seem a little too keen to throw useful resources away so perhaps it is not surprising that you cannot help everyone. |  |
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| So...both France and Germany are ensuring businesses have the funds on 09:17 - Mar 17 with 587 views | hampstead_blue |
| So...both France and Germany are ensuring businesses have the funds on 08:58 - Mar 17 by WeWereZombies |
You seem a little too keen to throw useful resources away so perhaps it is not surprising that you cannot help everyone. |
I see your point but I'm only keen to triage the economy, that's all.
R4 have just covered this in a discussion on 'personal utility'.
An economist agrees with me that some businesses will have to go. The best run and strongest should be left to thrive and be able grow after this is past |  |
| Assumption is to make an ass out of you and me.
Those who assume they know you, when they don't are just guessing.
Those who assume and insist they know are daft and in denial.
Those who assume, insist, and deny the truth are plain stupid.
Those who assume, insist, deny the truth and tell YOU they know you (when they don't) have an IQ in the range of 35-49.
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| So...both France and Germany are ensuring businesses have the funds on 09:35 - Mar 17 with 569 views | WeWereZombies |
| So...both France and Germany are ensuring businesses have the funds on 09:17 - Mar 17 by hampstead_blue |
I see your point but I'm only keen to triage the economy, that's all.
R4 have just covered this in a discussion on 'personal utility'.
An economist agrees with me that some businesses will have to go. The best run and strongest should be left to thrive and be able grow after this is past |
We may well find ourselves in a completely new economic landscape after this pandemic has passed its worst, what was 'best run and strongest' in the past could no longer be a thriving business. Evolution is not necessarily about the strongest but the fittest as in what fits best in a particular situation. | |
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| So...both France and Germany are ensuring businesses have the funds on 09:45 - Mar 17 with 567 views | hampstead_blue |
| So...both France and Germany are ensuring businesses have the funds on 09:35 - Mar 17 by WeWereZombies |
We may well find ourselves in a completely new economic landscape after this pandemic has passed its worst, what was 'best run and strongest' in the past could no longer be a thriving business. Evolution is not necessarily about the strongest but the fittest as in what fits best in a particular situation. |
I'm not sure it will be as bad as you feel it may.
We've had huge and different shocks before. Business needs to adapt and look more into risk management.
In the Guardian link I posted earlier, the US airlines where crying for cash but they forgot that they use all their spare cash to buy back stock to drive up returns. The financial math tells them to use cash to maximise it's return, which they do.
They don't use cash to secure the effects of the Black Swan. | |
| Assumption is to make an ass out of you and me.
Those who assume they know you, when they don't are just guessing.
Those who assume and insist they know are daft and in denial.
Those who assume, insist, and deny the truth are plain stupid.
Those who assume, insist, deny the truth and tell YOU they know you (when they don't) have an IQ in the range of 35-49.
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| So...both France and Germany are ensuring businesses have the funds on 10:02 - Mar 17 with 561 views | WeWereZombies |
| So...both France and Germany are ensuring businesses have the funds on 09:45 - Mar 17 by hampstead_blue |
I'm not sure it will be as bad as you feel it may.
We've had huge and different shocks before. Business needs to adapt and look more into risk management.
In the Guardian link I posted earlier, the US airlines where crying for cash but they forgot that they use all their spare cash to buy back stock to drive up returns. The financial math tells them to use cash to maximise it's return, which they do.
They don't use cash to secure the effects of the Black Swan. |
I do not think the effects of the coronavirus itself will be as catastrophic as even the moderate doomsayers would have us believe, nor am I looking to propagate a Black Swan Effect. My, believe it or not optimistic, view is that the global panic will bring those who have the power, intelligence and influence to realise that climate change is going to give us much graver catastrophes in future the determination to prepare the ground for adequate solutions.
That means businesses that nurture, facilitate and sustain rather than enslave themselves to short termism. And, unfortunately, a lot more painful and tedious regulation. But, looking on the bright side, it should also give plenty of opportunity to dismiss unreasonable jobsworths and those too keen on authoritarianism and so called populism (which is probably more unpopular than it is popular). | |
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| So...both France and Germany are ensuring businesses have the funds on 10:19 - Mar 17 with 550 views | hampstead_blue |
| So...both France and Germany are ensuring businesses have the funds on 10:02 - Mar 17 by WeWereZombies |
I do not think the effects of the coronavirus itself will be as catastrophic as even the moderate doomsayers would have us believe, nor am I looking to propagate a Black Swan Effect. My, believe it or not optimistic, view is that the global panic will bring those who have the power, intelligence and influence to realise that climate change is going to give us much graver catastrophes in future the determination to prepare the ground for adequate solutions.
That means businesses that nurture, facilitate and sustain rather than enslave themselves to short termism. And, unfortunately, a lot more painful and tedious regulation. But, looking on the bright side, it should also give plenty of opportunity to dismiss unreasonable jobsworths and those too keen on authoritarianism and so called populism (which is probably more unpopular than it is popular). |
Very well said.
Business does need to change and like you, I live in hope. | |
| Assumption is to make an ass out of you and me.
Those who assume they know you, when they don't are just guessing.
Those who assume and insist they know are daft and in denial.
Those who assume, insist, and deny the truth are plain stupid.
Those who assume, insist, deny the truth and tell YOU they know you (when they don't) have an IQ in the range of 35-49.
| | Poll: | Best Blackpool goal |
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| So...both France and Germany are ensuring businesses have the funds on 12:15 - Mar 17 with 520 views | jeera |
| So...both France and Germany are ensuring businesses have the funds on 10:02 - Mar 17 by WeWereZombies |
I do not think the effects of the coronavirus itself will be as catastrophic as even the moderate doomsayers would have us believe, nor am I looking to propagate a Black Swan Effect. My, believe it or not optimistic, view is that the global panic will bring those who have the power, intelligence and influence to realise that climate change is going to give us much graver catastrophes in future the determination to prepare the ground for adequate solutions.
That means businesses that nurture, facilitate and sustain rather than enslave themselves to short termism. And, unfortunately, a lot more painful and tedious regulation. But, looking on the bright side, it should also give plenty of opportunity to dismiss unreasonable jobsworths and those too keen on authoritarianism and so called populism (which is probably more unpopular than it is popular). |
Not sure if you asked many of the local businesses they'd much agree with you.
You own pub/hotel/restaurant and your rent alone is in the thousands per month and there's no one coming through the door.
You no longer need staff, not to purchase products, so your suppliers will struggle too.
This isn't a game for people to joke about, like Hampstead with his model there which I guess is based on corporate sized enterprises.
Small shops, market stall, pubs, restaurants could easily go under from this.
Unless landlords step in and reduce rents significantly and councils do the same with the rates. You cannot sustain thousands of pounds going out the door with nothing coming in.
That's not due to bad management or any other type of management. |  |
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| So...both France and Germany are ensuring businesses have the funds on 15:19 - Mar 17 with 505 views | jeera |
| So...both France and Germany are ensuring businesses have the funds on 10:19 - Mar 17 by hampstead_blue |
Very well said.
Business does need to change and like you, I live in hope. |
Oi. Explain your disagreement with my post above. | |
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| So...both France and Germany are ensuring businesses have the funds on 15:56 - Mar 17 with 492 views | WeWereZombies |
| So...both France and Germany are ensuring businesses have the funds on 12:15 - Mar 17 by jeera |
Not sure if you asked many of the local businesses they'd much agree with you.
You own pub/hotel/restaurant and your rent alone is in the thousands per month and there's no one coming through the door.
You no longer need staff, not to purchase products, so your suppliers will struggle too.
This isn't a game for people to joke about, like Hampstead with his model there which I guess is based on corporate sized enterprises.
Small shops, market stall, pubs, restaurants could easily go under from this.
Unless landlords step in and reduce rents significantly and councils do the same with the rates. You cannot sustain thousands of pounds going out the door with nothing coming in.
That's not due to bad management or any other type of management. |
OK jeera, those pubs, hotels, restaurants, corner shops, market stalls and so on are all operating quite differently (maybe only a bit differently in the case of the market stall) to businesses they replaced in the past - even if that is just in respect of taking payment by credit card. They have all adapted to new conditions to find their place in the market (especially the market stall). They will all have changed their product lines and services to fit changing tastes.
The pace of change may hasten for a while after the pandemic passes, which will disrupt businesses that have previously had a more predictable continuity. What I want to see from a Government is legislation that takes as much shock out of that process without taking on the business risk - but with due regard for effective use of scarce resources.
There are precedents for the state controlling the land (in the Second World War unproductive farms were taken away from farmers and given to more useful farmers for the duration of the conflict). Whether it be freehold or leasehold the ultimate hold lies with the Crown. So a new regime of strict rent control may be justified, do not expect landlords to do this on a voluntary basis, it will need legislation. | |
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