Covid-19: The Impact - Sight Series - Episode 11

64% of UK businesses in all industries are at risk of going bust if COVID-19 restrictions remain in force. Are our governments sending us to slaughter?

 

Bitstocks CEO-Founder, Michael Hudson helps us #GetSightofTheIssues around economic fallout of governments’ response to COVID-19. 

 

From March to September 2020, 234 000 UK businesses have declared bankruptcy. Only 43% of businesses have enough capital reserves to make it through the next lockdown period. 

 

The world’s response to COVID-19 has resulted in greater individual isolation than ever before, tremendous economic uncertainty, and societal instability. The proposed cure has become worse than the virus itself.

 

The middle class is under attack, and we have to fight back. The good news is that, once we get through this dark period, we can rebuild our society on Bitcoin’s technology of transparency and truth.