^^Good post.
We are still tied to the apron strings of the motherland (UK), but in fairness we couldn't risk a run on our ICU wards as we are severely under-resourced so using a fire hose to put a camp fire was the safest approach and we need to be thankful we're in a position to come out of lockdown.
Is it fair to say our businesses have not held enough capital to withstand an event like this? We live from pay packet to pay packet and probably most of our businesses do likewise - which is risky but a risk we believe is worth taking. Our banks need to have a minimum level of capital, what may come out of this event is businesses are also required to hold a min. level of capital too.
On another note - a Charles Darwin quote.......
Darwin quotes to inspire business
cheers,
Donna
We are still tied to the apron strings of the motherland (UK), but in fairness we couldn't risk a run on our ICU wards as we are severely under-resourced so using a fire hose to put a camp fire was the safest approach and we need to be thankful we're in a position to come out of lockdown.
Is it fair to say our businesses have not held enough capital to withstand an event like this? We live from pay packet to pay packet and probably most of our businesses do likewise - which is risky but a risk we believe is worth taking. Our banks need to have a minimum level of capital, what may come out of this event is businesses are also required to hold a min. level of capital too.
On another note - a Charles Darwin quote.......
It is not the strongest of the species that survives, nor the most intelligent that survives. It is the one that is the most adaptable to change.
cheers,
Donna
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