Every few days I receive an email forward about how the COVID-19 restrictions have put people before profits and brought “the rich to their knees.” Personally, I’ve no idea how closing the local bookstore and keeping Amazon raking in even more orders is helping the little guy. In an article by Kit Knightly he offers another perspective:

“Billionaires love a crisis. There are fortunes to be made on put-options and derivatives; buying cheap stock in failing companies; snatching up foreclosed properties for pennies on the dollar; stagnating wages means paying your employees nothing while your profits soar. And debt. Mountains of debt. Private, and corporate, which gives you leverage for years – even decades.

“Remember, also, that the virus is acknowledged to be harmless to over 80% of the people it infects, and only mild in the vast majority of the those who ever show symptoms. We’re not choosing between a Ebola and a devastating lockdown, we’re choosing between a “mild to moderate” disease and a devastating lockdown.”

You can read the full article here. Question whether COVID-19 measures are really motivated by “philanthropic” intentions.