We shouldn't be getting haircuts at all.
Why did the Cabinet overturn the 30min decision despite medical advice to the contrary?
It's nuts! Jesus, get away from each other ya flamin drongoes!
We shouldn't be getting haircuts at all.
Why did the Cabinet overturn the 30min decision despite medical advice to the contrary?
We shouldn't be getting haircuts at all.
Why did the Cabinet overturn the 30min decision despite medical advice to the contrary?
Who do you imagine will pay for this?
Why Taiwan Hasn't Shut Down Its Economy | Mises Institute
Taiwan's response to COVID-19 mostly means self-imposed quarantines and more transparency. It's basically the opposite of what Europe is doing.mises.org
It will most likely be the employees of said companies that will be cut to reduce costs. These companies can't afford to have the shareholders take the hit, their share prices have already plummeted and their debt costs have risen as a result. If they still can't make this work, then they will have to declare bankruptcy, which will reduce supply and increase prices as a result.Shareholders of said companies. Utilities have been ripping off people for a long time.
It will most likely be the employees of said companies that will be cut to reduce costs. These companies can't afford to have the shareholders take the hit, their share prices have already plummeted and their debt costs have risen as a result. If they still can't make this work, then they will have to declare bankruptcy, which will reduce supply and increase prices as a result.
And who do you imagine the shareholders are? Plenty will be retired folk through their super funds, so now grandma and grandpa will have less income.
It appears they test everyones temperature.
There are plenty of staff they can offload. People working on renewable energy projects for example. If you don't want essential services to be profit focused, then perhaps you might want to take a look at Venezuela. Moving money to other companies would involve less yield + more fees and by the time they do it the share prices of the utilities will have taken another clip, so same result, less money for grandma and grandpa.The whole utility industry needs an overhaul. These companies won't be offloading staff, utilities remains as an essential service. Half their support centres are overseas anyway. They make too much money. Essential services shouldn't be profit focused. Super funds can move money to other companies, that's what they do therefore protecting the grandmas and grandpas you talk about. If anyone can afford to provide help at this time it's utility companies.
There are plenty of staff they can offload. People working on renewable energy projects for example. If you don't want essential services to be profit focused, then perhaps you might want to take a look at Venezuela. Moving money to other companies would involve less yield + more fees, so same result, less money for grandma and grandpa.
13,100 cases in the US in 24 hours alone. Now officially a higher rate of infection than China & showing no signs of slowing. Disaster.
This aint stopping/slowing for a good 12 months until a vaccine comes out are leysy's thoughts/fears.
Am obviously no professor but ILHO only other way is Full shutdown for four to six inc ALL essentials probably including medical.
Just cant see another way to the two above.
Having to move a position in company A to company B involves costs, you can't just pretend this doesn't exist. You can't just white wash the whole issue facing super either, your advocacy of price floors will lead to these outcomes directly.Sorry your argument doesn't stack up. I'm not sure you know how super funds work. They reevaluate and alter their holdings all the time, it's part of the process. Super funds are going to be hit hard whichever way you look at it and restructuring holdings will be happening even more so as we speak.
Utilities can still be profitable. There are actually state run utilities right now in some states. Others are privatised, some 50 percent internationally owned. Your Venezuela example is just not pertinent. Utilities should absolutely do their part in easing the plight of Australians right now. Every large organisation in a position to do so should be.
It appears they test everyones temperature.
There are plenty of staff they can offload. People working on renewable energy projects for example. If you don't want essential services to be profit focused, then perhaps you might want to take a look at Venezuela. Moving money to other companies would involve less yield + more fees and by the time they do it the share prices of the utilities will have taken another clip, so same result, less money for grandma and grandpa.