The Last Refuge By Ā SundanceĀ
Neil Oliver takes a look at the economics of COVID and how government intervention and spending has crushed the working class.Ā However, it is not the financial aspects that carry the worst debt in the aftermath, there is a human cost that can never be repaid or recreated.Ā Ā WATCH:
{TRANSCRIPT} āĀ āThere are debts that can be repaid and debts that canāt. During the time of Covid, vast piles of money were conjured into being by the government, borrowed as if by magic from the distant future. Unimaginable quantities of that funny money were wasted ā spent on PPE that didnāt work or that wasnāt needed and is now yet more plastic heaped into landfills or otherwise littering the landscape and seascape. Millions went on the Nightingale hospitals that were never used. Around 37 billion pounds ā ten percent of a total of 370 billion pounds set aside for Bounce Back Loans and the Eat Out to Help Out scheme ā were lost to fraudsters. Ā£37 billion pounds.ā
