Today we bought three months worth of shopping we would normally buy - in one day.
Preparing for the unthinkable, not panicking.
Wonder how many Italians wish they’d done the same and now find shelves empty. We will add to this over the next few days.
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Meanwhile Chinese banks have apparently been told to apply “loan default forgiveness” to those who have missed mortgage/loan repayments.
Sounds reasonable, until you think that China could be locked down for another 4-6months and
what are the banks/Govt gonna do if 800,000,000 Chinese (or even just those left alive) say feck you and never ever pay again......