Current Affairs Coronavirus Thread - Serious stuff !!!

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We are doing the same as the other countries. I see no difference.

There is no conspiracy. As long as the money is available to the right businesses, and quickly, then this is good.

The interest will be far less than a business could usually lend for anyway so that's a good thing. Debt isn't a problem if a business can be sustained and service the debt. If the scheme is ran properly, that sort of cash will save thousands of jobs.
Not true imo. If you have a massive monthly payroll and your revenues dwindle to next to nothing, accruing huge debt to cover a virtually inactive workforce for a few months, simple won’t happen, as it’d be a gash business decision.

Using these loans to cover some of your fixed costs makes sense, but I don’t see this stopping any decent sized largely inactive business laying off large parts of their workforce.
 
....for purely selfish reasons, is the indication it will pick up this summer? As you know, I’ve just had a holiday in Halkidiki cancelled by the hotel but I’ve another in Cyprus in July.
We and Cyprus are all in the same boat mate.For anyone who has holidays booked for the summer it is day by day.My missus is on the front line in the office for Tui 5 days a week.I will get any info first hand throughout the European package holiday industry and I will post on here as soon as I know.It is business as normal at the moment office wise.Hotels here and in Cyprus are locked down until the end of April.Like I said as soon as I know ,I will post updated info.
 
Not true imo. If you have a massive monthly payroll and your revenues dwindle to next to nothing, accruing huge debt to cover a virtually inactive workforce for a few months, simple won’t happen, as it’d be a gash business decision.

Using these loans to cover some of your fixed costs makes sense, but I don’t see this stopping any decent sized largely inactive business laying off large parts of their workforce.

Labour costs are the main cost for many businesses. I think we may need stipulations on how the money is spent.

Theres no easy answers and theres gonna be businesses which cant carry on. But this is a decent start imo.
 
the media scaremongering has finally cracked me

Serious question if I drive down to my local hospital and request to be tested will they test me or arrest me?
 
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