LET’S OPEN THE ECONOMY!!
Did I tell you I have an MBA from Schulich School of Business at York University; and I can tell you that I have no idea what the above means.
If you still have income; Trudeau is still collecting taxes; so is Dougie (Ontario). Definitely the municipal governments; maybe not now but they SHALL get their pound of flesh. Are the police still patrolling? Is garbage still being collected? Is the grass still being cut on the side of the road? Is the post office working?
In the private sector – Are the banks still collecting mortgage payments? Do you still have to pay the phone bill? Is there still an internet bill? Can you still get groceries (wine, beer)? Gas stations? Pharmacies?
So in summary things look to be same as before; WHAT THE F**K?
Let us look at a couple of scenarios.
First, let us consider from the early part of the twentieth century. Electricity was distributed about your house with bare wires; called knob and tube. Someone thought, “I could cover them with insulating cloth and put them inside the wall”. So he contacted a ‘capitalist’; that is someone with money to invest and he formed a ‘corporation’; that is a legal entity that is created for the duration of a project and then dissolved when the project is completed. With that, insulated electrical wire was brought to market.
Now, in the twenty-first century we have a similar situation. Consider a dentist who needs some way to protect herself and her patients from COV-ID19. Almost certainly there is someone with a solution. And the capitalist; now that is just a fancy word for a CEO and the corporation is just an ongoing enterprise whose sole purpose is to line the pockets of the CEO and his rich friends. And our inventor? He would only be helped is he could guarantee a ROI (Return On Investment) in the next three years!
And the corporation? their objective is to increase their profits year over year by at least ten (10) percent. How are they to do this? by sucking as much money from the individual/consumer as possible. So for society to continue to stay safe the corporations cannot do this. Therefore, the citizenry has to be forced out to give/spend their money for the corporations. To do this a fictional crisis must be created; let us call it “THE ECONOMY” and the solution (for the corporation) is “OPEN THE ECONOMY”.
What should happen? More to come . . . .