Covid might be a longer-term boon to economies

[MrMarkyMark]

I see your supplies are still getting here from Morocco.

Been very good recently, but have got a care package coming

[LondonManc]

Gonna be a double boom then, once Brexit kicks in properly!!

I see your supplies are still getting here from Morocco.

[OwlHoot]

No it doesn't.

If there is no economic growth, the system doesn't stop suddenly.

Maybe not suddenly, but before long a slow decline would set in, just as when an aircrafts engines fail it doesn't plummet to Earth immediately but starts a downward glide ..

By the way, I wasn't suggesting or hinting at any conspiracy, and I don't believe there is one. If there's one thing fat cats like more than money it is staying alive!

[MrMarkyMark]

Gonna be a double boom then, once Brexit kicks in properly!!

[Old Greg]

Capitalism relies on growth, but growth in a finite setting cannot be perpetual. Ergo at some point capitalism must falter as growth reaches its limits.

So what better from that standoint than a natural disaster to undo years of growth, and clear dead wood, so it can resume its upward path subsequently?

It's like a forest fire - New shoots spring up in no time, and before you know it the forest is as vigorous as ever.

After your iron lung intellectual escapade, I can see why you don't care for reality.

[GJABS]

Capitalism relies on growth

No it doesn't.
If there is no economic growth, the system doesn't stop suddenly. All that happens is that investors don't get richer at a more rapid pace than they were getting richer before.

[BR14]

WALOOFB!!

[_V_]

China unleashed this virus in the knowledge it would level the west and make them stronger.

We are entering a new paradigm where China is the only global economic superpower going forward. USA, Europe, Japan are all dust now...

[caffeine man]

this is one of the reasons that gives Covid a more sinister / conspiracy theory thought. Do wealthy/influential people around the world want to drive the markets down on purpose, so they can move in and profit later. Just like 2008. I was feeling that a lot of shares were over valued before the crash.

[AtW]

You’ll think about it in airport waiting for your Covid-19 test results before they allow you to board

[OwlHoot]

Capitalism relies on growth, but growth in a finite setting cannot be perpetual. Ergo at some point capitalism must falter as growth reaches its limits.

So what better from that standoint than a natural disaster to undo years of growth, and clear dead wood, so it can resume its upward path subsequently?

It's like a forest fire - New shoots spring up in no time, and before you know it the forest is as vigorous as ever.