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Financial Repercussions Of Coronavirus. Avoiding Blowing It #255.

Financial Repercussions of Coronavirus

With Many Jobs And Events Forcing To Close. There Will Be Major Financial Repercussions Of Coronavirus.

Financial repercussions of coronavirus
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It’s all fine and dandy for those who work in industries they can have their employees work remotely. They actually are having a lovely little paid vacation. No commute just work on your task from home, it’s wonderful. Their financial repercussions of coronavirus will be minimal.

State workers and teachers will have state benefits look after them and many classes can simply move to online.

But those who actually have to get out and earn their living through a physical presence at their place of employment will suffer most.

The Bills Are Not Taking a Vacation.

As much as we would all love to put life on hold hunker down till this all passes we simply can’t.

Unless there is some mandate that suspends all expenses until the virus passes. We all still have to earn our keep. What about the parents that still need to work and yet their children are out of school. How do they manage their households?

Its so easy for government to mandate closures but they are not taking into account the what the financial repercussion of the Coronavirus have on a micro level. That is what is going to do the most damage.

It’s an interesting time. Right now it all seems like quite the over reaction. It’s a strain of flu that has a 2% mortality rate and that’s mostly amongst elderly people.

However, in researching what the Spanish flu of 1918 did. You can get yourself a little worried.

In a similar vein it came on around March with near identical affect. Targeting mostly the elderly. But by the next fall the strain had morphed into a far deadlier version of itself and began killing at will healthy young individuals by the millions. So it’s not really the first wave that creates the cause for an all out panic.

We also have to understand this was 1918 technology has far surpassed what is what then and I expect answers to come far faster then back then. But there are a lot more people now. And we have transportation systems that can take a virus all over the world in a matter of days if not hours.

What Can We Do?

I think a lot of the preemptive measures are on point but there are issues not addressed and that is mainly the financial ones. This may just be the virus that kills the poor since the wealthy can isolate themselves more. And the poor have to earn their living through mostly physical labor. The problem with that is it will still spread rapidly if not all citizens are looked after.

All we can do as individuals is practice impeccable hygiene avoid contact as much as possible. And if you’re sick stay at home.

We may have to find some side hustles in the meantime to cover our bills. I imagine if it gets bad enough maybe governments around the world will finally institute a universal basic income so necessities are covered. Because the financial repercussions of coronavirus, like the virus itself, is just getting started.

Longest Government Shutdown In U.S. History #179.

Government Stagnation Over Two Fundamentally Opposed Views.

We get absolutely nowhere if we can’t find common ground. As the government shutdown enters its second month. Government employees continue to go unpaid. But only the small fish in the large ocean are struggling. Everyday government employees, the ones who provide security, process taxes, clean our parks. Those employees are getting screwed not the senators or the president or the congressmen and women. My question is when do we no longer have to pay taxes?

I’ve written before how compromise how it’s a lose-lose situation. Which it is. However I didn’t take into consideration the fact that if no one ever sees eye to eye. You stand to lose a much greater loss if both parties don’t give anything. Sometimes losing a little to gain more is the only option.

So each side of the equation needs to give a little in order to take a little. But when both sides want way more than the other is willing to offer, you get into a stalemate. And that’s where we are with the government shutdown. Hopefully the two parties can reconcile their differences and come to a peaceful resolution where all parties involved end up with a few of their concessions. It’s the only way we’re ever going to end this government shutdown.

Government
Photo by Marco Oriolesi on Unsplash




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Blowing It Scenario #110-Government Red Tape

Do We Really “Own” Anything?

Or is it all an illusion? A carefully crafted faced to give us the assumption that we own our lives. Want to drive a car? You have to pay the government for that right. Want to own a house? Same deal there, you’ll pay property taxes annually. Miss a payment of just one cent and they can take that home away from you. Forget to pay for your car tabs and you can bet the day they expire a government employee with flashing red and blue lights on his vehicle will be pulling you over and providing you with an addition government payment in the form of a fine.

Looking to start a business you better believe the government wants that too. Right from the onset before you even make a dollar you’ll have to pay to register the name, than you must pay to register business itself. Depending on what type of business it is, you could be paying much more for business endorsements on top of everything else. Maybe you’ll be required to be bonded and insured. Care to hire employees? That’s an additional expense too. And those employees get to pay there fair share too, just for the right to be employed.

Want to build a structure on “your land?” You’ll have to ask for permission from you local regulatory office for that right. You’ll find out quickly that there are many rules and regulations of what you can and cannot do to your “own land.” If you are granted permission, congratulations you now get to pay for permit fees to make the government approved changes to said land. On top of that there going to send someone out to check on the progress. If they find anything off about the build they’ll issue fines and make you redo the work or in some instances tear it all down.

Every individual is owned by there corresponding government. Care to travel, well you will have to pay for a world travel permit for that. Want to live abroad in another country? You’ll need permission and will most likely have to pay for that right. If you make money while abroad you will still most likely be required to pay taxes in your home country. Want citizenship elsewhere, well you have to renounce your home country in order to do so.

All this being said, our countries do provide us with many amenities to keep us safe and happy in our illusion. We have roads to get to where we have to go, we have the ability to live where we want to live and for the most part, how we want to live. We can still travel the world and we get to come back to the place we call home. It’s all a small price to pay in the end, just know that you are paying it.



Thank you very much for taking the time to read our post. If you like what you read, or even if you don’t, we would love to hear from you. Please join our email list here. Or if you want to comment on this article, or write your own in our Forum. Please sign in here and if you are new to the site you can register here. This website is not intended to be a blog. We want it to be a place to help others grow and learn from mistakes and the Forum is where that begins. Please tell us your stories.