The looting frenzy - BizNews.com : comparemela.com

The looting frenzy - BizNews.com


By Nick Downing* 
A tempus horribilis. From the 10-17th July, we witnessed the horrifying spectacle of arson, looting and destruction, the loss of human life and erosion of the remaining goodwill towards our country from foreign investors. We witnessed in all its glory, the full splendour of expropriation without compensation.
Nick Downing
The television footage and the multitude of videos doing the rounds on social media were distressing. Few could have expected the speed and thoroughness of the destruction, and yet none of it should really come as a surprise. Studies have shown that historically there is a very high chance of civil unrest within 14 months of a pandemic, especially in poor countries which cannot afford the luxury of generous furlough schemes, as in the UK, or the $300 per week enhanced unemployment benefits granted in the US.

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