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It's like you played World of Warcraft for 1000 hours only to get some really sweet virtual items that make you powerful and respected in the community and then Blizzard comes in and says "everyone gets those items now, for free." Well, fuck, now I don't want to play anymore.
I guess I'm sort of asshole or something, but you can't call this pandemic some sort of unforeseeable event. These things have happened over and over throughout our history. I don't know what I'm meant to do. Sit happy and watch my competitors get access to infinite free money?
It seems prudent to have some cash savings right now and generally, but... It just feels with every new bailout, I'm watching it get inflated away. Right or wrong, it just feels like a game I don't want to play anymore. /end
Giving businesses money when they're not forced to shut down is dumb. For companies I follow, the magnitude of the bailout is maybe a month of losses (besides airlines). If the next round is that big, they're getting propped up for about 2 months.
Everyone I know took money from the gov't and everyone I know (except people selling like travel luggage or whatever) is killing it because e-commerce is booming. It's fucking stupid.
A bit more detail: The really bad companies I follow are going bankrupt. The just bad ones are diluting shareholders hard. And even pretty good ones are diluting, when management chooses to be defensive.
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