Comments by "Steve Parker" (@steveparker8065) on "Debt and The Fiscal Black Hole" video.
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Cheers, Gary. Every crisis is an opportunity for the wealthy. During the first round of austerity, the wealthiest families in Britain doubled their assets. At the cost of 160,000 excess deaths in the NHS alone, in fact, a recent article states "Austerity may have caused an additional 335,000 deaths in Great Britain between 2012 and 2019". Every banking crisis causes bankruptcy for small businesses and increases the problems in society. This means millions of people have to sell their assets, companies, stock, buildings etc at rock-bottom prices. Giving those with disposable wealth the opportunity to buy up all those bargains on the cheap. It seems to me a crisis is only ever a crisis for those without, for those with wealth it's always an opportunity. An opportunity that costs lives.
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