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“THE DEBTS WILL REMAIN”
by Viv Forbes, Executive Director, The Saltbush Club, ©2020
(Mar. 25, 2020) — In their frantic attempts to delay the spread of the Wuhan virus, governments are sowing the seeds of economic depression and currency destruction, which will blight Australian lives for a generation. They are adding financial stress to the medical stress.
The ordinary flu virus kills many people every winter despite vaccines. And both viruses are more lethal for the old and the sick.
We do not close the whole country every flu season but this year’s crisis is being exploited by scare mongers, centralists and globalists whose slogan is “never let a decent crisis go to waste”.
Whole industries are being destroyed before our eyes – airlines, shipping, the whole tourism and entertainment industry, sport, small business, pubs and clubs and most investment and retirement funds. All sacrificed because governments fear that a sharp spike in illnesses will expose inadequacies in the government-managed hospital/health/welfare bureaucracy. Next they will exploit this economic crisis to promote digital currency, kill cash and get their sticky fingers on our superannuation assets.
Already the green globalists are celebrating as industry emissions fall and political power moves towards central governments and global organisations. They will now abuse this economic crisis by pushing their climate agenda with stimulus packages that favour green energy.
As this government-created economic cyclone destroys industry and jobs, politicians are panicking and scattering cash like confetti at a wedding. This encourages immediate consumption, but this “stimulation” stops dead when the money tap is turned off. The debts will remain, somewhere.
We don’t want more sit-down-money from big government while we hide forlornly at home ordering take-aways – we want conditions which encourage investment and productive employment.
We need measures to encourage the creation of new businesses, industries and jobs. For starters, immediate repeal of payroll taxes, stamp duty, capital gains tax, wage controls, a rates holiday and reduced income tax. And immediate and permanent repeal of all green barriers to new business and jobs.
We need Australians building new dams, railways, roads, real power stations, factories, farms, forests and mines, not sitting sadly at home fearing ration coupons and being drip-fed on some piddling new allowance.
Viv Forbes BScApp, FAusImm, FSIA
Viv Forbes has studied financial analysis, business economics and politics, and he is one of the oldies more vulnerable to Wuhan.
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