Scott Santens
๐ค SpeakerAppearances Over Time
Podcast Appearances
We really do.
People need money.
They need it quickly.
What is the fastest way to get people money?
What is the most efficient way of doing it?
Should we find people to give people money or should we just make sure that people get the money without any kind of...
middlemen involved.
That's suddenly the discussion that we have because it's such an immediate kind of situation.
And so whatever happens after this, I think that
that we're still going to see more of this.
It's going to go back to the slow moving stuff, but it's going to be perpetually painful to the point where this pain is going to eventually lead to just people being completely fed up with this.
I'm really worried about this because not only are we seeing this kind of immediate effects from people losing their jobs and losing their incomes,
But also, robots don't get sick.
And we're already seeing people investing more in automation.
And so if you look at the total number of people who, and supposedly that's the official numbers, those who have filed for employment, that's over, was it 35 million now?
Or 33 million now?
And if you look at those who lost their jobs and lost their incomes, but have not filed for unemployment yet, there's like around 12 million estimated.
So total unemployment,
You're looking at just over 30 million people who are โ or 40 million people who are without incomes, and they are not coming back to their jobs.
If we were to flip back on the economy like a light switch and just open everything up, then โ