Discover and read the best of Twitter Threads about #covaid
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This mad piece of late-night whimsy may not be totally mad - think of the practical benefits but start with what’s going to happen if nations have to deal with the crisis nationally, In a nutshell
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...the World economy is going to be tanked by Covid 19; whatever is done on a national level there will be a legacy of misery & debt which will put financial pressure on individual countries. Increases in debt repayments will drive taxes up, quality of services down.
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... If there’s an international rebalancing however, international debt is wiped out without a loss to creditors. I’ve acknowledged that would normally result in economic overheating but the measures to cope with the virus should dampen much of that. This would mean:
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