Why does it seem obvious? This would be extraordinary. Extraordinary claims require extraordinary evidence. Also: https://en.wikipedia.org/wiki/Jubilee_(biblical) …
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I've been stewing on this all day. I'm pretty sure that's not the optimal answer. Bad players losing during a recession is great, makes the world more efficient. Good players losing from an act of God ... think that makes the world a worse place.
So what do we do? Let’s say we have a year of 50% lower restaurant receipts or banned cruises. What’s the plan? Just pay everyone as though it’s business as usual? The economic distortion that would cause would be worse than letting the things go. Olive Garden will rise again!
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I don't know exactly. Going to keep thinking. General big thought is you just want to pause things until folks can go out like normal again, or at least normal recession capacity.
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I will think as well. Up to now can’t figure it out.
End of conversation
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