Flashmag Digizine Edition Issue 105 May 2020 - Page 14

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Flashmag May 2020 www.flashmag.net

The meaning of the word profit, after this crisis should absolutely be accompanied by the terms consumer and employees satisfaction, if Western countries do not want to end up with a social fracture, like the economic anarchy which was born in Russia under Boris Yeltsin, where the mafias and the oligarchs became filthily rich, profiting from the chaos created by the political crisis which saw the destruction of the Soviet Union.

The meaning of the word profit, after this crisis should absolutely be accompanied by the terms consumer and employees satisfaction, if Western countries do not want to end up with a social fracture, like the economic anarchy which was born in Russia under Boris Yeltsin, where the mafias and the oligarchs became filthily rich, profiting from the chaos created by the political crisis which saw the destruction of the Soviet Union.

The end of the ineffective arbiter state, often subservient to the oligarchy and the triple A of rating institutions, will give rise to a return to the welfare state. A logic shared by many economic analysts.

If during the subprime crisis in 2008, the American administration had privileged the stimulation of the economy by lending to the rich bankers, who nevertheless were responsible for the explosion of the bubble because of their greedy speculation, the post Covid19 crisis, will lead to a serious social economic crisis, where it is rather the citizens and the SMEs, which will have to be given priority as a matter of urgency. ..

Berlin Wall