“They will have to implement "helicopter money" to bail out the general population, rather than just for the bankers in the GFC. To be honest, there is no other option except the abyss.”
Bailing out the bankers in the GFC is what put us in this predicament today!!!!!!
The previous economic regime has not been replaced, just put on QE life support.
Our “leaders” are in a world of s#$& and yes they will probably be turning the country into one giant welfare scheme in order to survive.
But by deploying the helicopters they will be creating inflationary problems they can not deal with either.
There is no good news here, they really are stuck between a rock and a hard on!
And I have to say, this was totally predictable.