OZschwitz PM warns that some economies could collapse and some nations could "fall into chaos" from the impact of COVID-19
Author
Message
RR Phantom
Location : Wasted Space Job/hobbies : Cayman Islands Actuary
Subject: OZschwitz PM warns that some economies could collapse and some nations could "fall into chaos" from the impact of COVID-19 Mon Mar 30, 2020 8:57 pm
The extraordinary scale of this new wage subsidy will be a relief to many but a warning to all about the damage to come from the coronavirus crisis.
Only the most extreme threat warrants an expense so large to pay a basic wage – yes, too basic for some – to millions of workers who would otherwise lose their jobs.