I am experiencing a capitalist catastrophe in the country I live in.

in Ecency2 years ago


Hello hive community, today I wanted to talk about the long corrupt government and the capitalist catastrophe that has put me in financial trouble.

We have all seen the pandemic period, but things were not like that in my country, probably the country where most of you live must have taken some measures and provided economic support.

First, an attempt was made to reduce the financial effects of the pandemic by reducing interest rates by 100 basis points in my country.

Then the support package under the hunger limit was announced under the name of short-time working allowance in businesses, it was $2.26 a day, do you think people can live with that much money?

more strange situation happened my country's governing government started a donation campaign we are all unemployed we have no money left they started to collect donations from the public

They passed temporary laws as if they were thinking about the so-called people. companies could not lay off workers for 3 months

Of course, companies started laying off their employees after 3 months.

The original plan was to borrow us from the banks, and the grand plan stepped in, the capitalist capital stepped in.

Currently, 34.5 million people are in debt to banks in my country.

it all happened during the pandemic period, the pandemic bans are over, but everything is not back to normal, we are at the top of the countries with the highest inflation, we have been stuck in the swamp since the pandemic period.

In my country, people are lining up to buy cheap flour, cheap cooking oil for cooking, now we are experiencing a capitalist catastrophe.

Instead of supporting people economically, they forced them to take loans from banks with 0.49 interest.

Do people pay taxes for compensation when a disaster befalls them in the country they live in, when they are unemployed, when they suffer material damage?

I haven't been able to find a job yet, I'm one of those who take a loan from the bank during the pandemic period, I am a waiter to pay my debts, but the daily 10 dollars I earn is not enough, but I continue to struggle

I don't know how to get through this difficult process, someday we will see in time if blockchain technology and cryptos can overcome capitalist disasters, I hope I will be there that day

Maybe I want to end with this quote about capitalism that I read in books.
The phrase "We can think of the end of the world, we can't think of the end of capitalism", made famous by Zizek but not her own.

Sort:  

Congratulations @trueliving43! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You received more than 50 upvotes.
Your next target is to reach 100 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Support the HiveBuzz project. Vote for our proposal!