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Will life not go back to pre-covid 19? Is o/s the new way forward?

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  • helensbiggestfan
    helensbiggestfan Posts: 2,359 Forumite
    Fifth Anniversary 1,000 Posts Name Dropper
    edited 12 May 2020 at 1:59PM
    ejmo said:
    The problem is, whilst this effects everybody, it effects some much more than others.
    I do see some positives but if you couldn't pay your rent and didn't know when you could start earning again to pay off the rent arrears staying positive is hard. Then feeling that you're not taking the positives from this situation, or even that it is some how good for you, effects peoples mental health.

    I think some comments on this thread are just saying it's not the same for everyone, where is the empathy for people experiencing true hardship?

     No some people will not be baking, growing, pickling or having daily bike rides/walks because their focus will be on earning money as a means to survival not to have what they want when they want it as has been suggested. 


    Well good news for those who are feeling anxious about what happens next. It has just been announced that the furlough scheme is being extended until the end of October, with employers making a contribution towards the cost. 

    I haven't heard anything yet but I would imagine that this will probably mean that banks and financial institutions will have to continue with mortgage and loan repayment holidays. 

    That should considerably ease the financial pressure and reduce anxiety levels. 

  • MoneySeeker1
    MoneySeeker1 Posts: 1,229 Forumite
    1,000 Posts Name Dropper First Anniversary
    edited 12 May 2020 at 5:33PM
    ejmo said:
    The problem is, whilst this effects everybody, it effects some much more than others.
    I do see some positives but if you couldn't pay your rent and didn't know when you could start earning again to pay off the rent arrears staying positive is hard. Then feeling that you're not taking the positives from this situation, or even that it is some how good for you, effects peoples mental health.

    I think some comments on this thread are just saying it's not the same for everyone, where is the empathy for people experiencing true hardship?

     No some people will not be baking, growing, pickling or having daily bike rides/walks because their focus will be on earning money as a means to survival not to have what they want when they want it as has been suggested. 


    Well good news for those who are feeling anxious about what happens next. It has just been announced that the furlough scheme is being extended until the end of October, with employers making a contribution towards the cost. 

    I haven't heard anything yet but I would imagine that this will probably mean that banks and financial institutions will have to continue with mortgage and loan repayment holidays. 

    That should considerably ease the financial pressure and reduce anxiety levels. 

    Not for the far-sighted people amongst us it won't I'm afraid (ie reduce anxiety levels).

    The more far-sighted know that "mortgage holiday" does not mean "let off mortgage payments for those months". It just means "You don't have to pay it right now - but you will have to somewhere along the line".

    Then there's the anxiety about those that could perfectly well return to work, and with the Government accepting it, but aren't doing so (despite the fact that some of them won't be "socially distancing" in their own private lives) and the far-sighted knowing that the rich aren't the ones that will be picking up the bill for them to continue to be off work, when they don't actually need to be. The people picking up that bill will be the rest of us and welcome to "Great Depression Mark 2 somewhere along the line (exacerbated by a factor of who-knows-how-much)". The rich always make sure to protect themselves - at the expense of the rest of us - so we will be the ones picking up that tab. Would be delighted to be proved wrong on that one of course - and find that Governments have found a way to make sure it's the rich/only the rich that pay for all this - but I can't say I'm very optimistic that Governments will stand up to the rich or the rich develop a conscience I'm afraid (would that I were wrong on that....). No the wealthy will still be out there doing things like treating themselves to one single meal (at regular intervals) being delivered to their home for £1,500 a shot - whilst many poorer single people would feed themselves for a year for that money.
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