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March 31, 2020 - The Golden One - Marcus Follin
09:50
The Coronavirus and the Economy. Am I Worried?

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Greetings, my esteemed subscribers.
Welcome to a forest walk.
I have quite a few videos planned, but it feels more reasonable to just exhaust the topic of the corona or Wuhan virus first because you know that's after all the most relevant thing to discuss at this moment in time.
So, the first question I thought to respond to is how seriously I take this thing, and I do take it seriously.
I'm not a doctor myself, but my wife's father happens to be a doctor, and that's a man I trust 100% both professionally and in terms of you know wanting the best for my family.
So, he says, you know, keep safe, be safe, maintain your isolation to the best of your abilities.
So, that's what we're doing.
So, if you're wondering about my personal stance, yeah, I'm trying to keep it safe to the best of our abilities.
Now, of course, we are fortunate to be in near the forest of isolation here in good old Scandinavia.
So, you know, close to nature, so it's much easier for us to be, you know, stay away from people.
I can imagine that if you're living in Madrid or any of the Italian cities, it might, of course, be a lot harder mentally to just be inside, whereas we can at least go out in the forest.
And you know, it's not all too much of a problem to be completely honest.
Of course, I do miss the gym, I miss MMA, but ultimately, yeah, I can get a lot done anyway, so it's all good.
But I would say something though, in regards to the economy, and you know, I don't want to sound like a conservative or a neoliberal who cares about GDP and do not care about humans.
My perspective is this: I do take it seriously, and I do endorse, of course, social distancing, quarantine measures, bans and travel, and everything.
I do support it because I believe this is a severe health crisis, and all countries should do their part to try to stop it, including Sweden.
I say should because we aren't at the moment, but it comes at a cost, and that cost is economical.
I don't say that I'm worried about the economy for the sake of some giant corporation or some banks or anything.
I am worried about the economy for the small family businesses, the small companies, etc.
You know, everyone who has a company, you know, it's not always the easiest, and you know, everything is quite fragile.
sometimes hard to get them okay you could probably not see that but there was an elk in in the forest and Actually, it just ran away.
Well, actually, okay, so a bit of extra extra material.
Yeah, I don't know if you saw anything in the video, but yeah, I will take another path.
I don't want to disturb the elk.
Well I already did, but yeah, anyway, so where was I?
Yes, I do am worried about the small businesses.
It is hard to get around.
And if you have a family-driven cafe somewhere and you have a city-wide lockdown, it can be a you know, it can break you, it can break your business.
Whereas, you know, if you have big companies, big multinational companies such as McDonald's, for example, you know, they can withstand the sort of economic tragedies.
You know, they might have to fire a pe they might have to fire a few people, but at the end of the day, you know, if you're employed at McDonald's, you've perhaps worked there for half a year or something, you haven't invested so much time, money, energy into that.
Whereas the family café might have, you know, yeah, it's it's been a lot going into that endeavor and what do you do if it's if it goes bankrupt or being bought up by a large you know Starbucks or something.
So you see, if I say that I am a bit worried about the economy, it's not because I care so much about the GDP, it's because I care about people.
It's because I care about these little companies that make the economy go around.
You know, the local economies.
And if there's something, as I said in the last video, if there is one thing that hopefully is a lesson here, is the virtue and the value of a local economy.
That you know, you are not so dependent upon these big multinational companies, you're not so dependent on imports, you're not so dependent upon a system that is so fragile that a little thing can happen somewhere else and the whole chain comes crashing down.
If you want to have a reliable and stable, anti-fragile system, yeah, it's local farms basically.
You get the majority of your food produce from local farms.
Not rocket science, but something that should be the pinnacle of every economic system.
You know, if any heads of states are watching this, you should definitely focus on that sort of thing when you build your when you formulate your policies.
Now also, again, if any heads of states are watching this fine video, in regards to using the tax money, you know, you have the option what you can spend the tax money on.
You can either bail out a massive bank for astronomical amount of money, you can spend the money on a population replacement, you know, giving all money away to young men from other biocultures.
Or alternatively, what you can also do, and this is my completely revolutionary wisdom here, I know it's very radical, but you could actually try to spend it on your own population, on your own entrepreneurs, on your own men and women who are in a tough spot because of the lockdowns.
So you say to them, this, you know, the family café I just mentioned, the local farm, the whatever, everyone who is affected by the lockdown in a city.
So if you are in Italy for example, you have a local family-owned cafe of some sort.
You say to them, okay, you need to stay inside, you need to close your shop for however much time, but we will give you a grant of this amount of Euro or whatever, so that you can, you know, you haven't lost all too much.
Sure, you have lost revenue, but we can compensate a bit of it so that you survive.
So you see, that is a reasonable use of the tax money.
So instead of again bailing out a big bank or continuing on with population replacement or giving away all the tax money to development countries, revolutionary thought.
Focus on your own population.
So anyway, I just wanted to have that said.
Long story short, I take this pandemic situation seriously.
I suggest everyone else does too.
But I am also worried about the economy.
But there is a solution.
I do suggest lockdowns, social isolation, social distancing is a good idea.
And most Western nations have enough resources to compensate the small businesses that make the economy go around.
And I do feel my heart goes out to all of these businesses being targeted.
You know, my businesses are quite anti-fragile in this regard.
Now, of course, I have calculated it will be less revenue.
It is what it is.
It sucks.
It's not fun at all.
But ultimately, the priority is for me and my family to stay safe and everyone else staying safe as well.
So yeah, that being said, I hope you all stay safe and thank you for watching.
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