"Because the present system is premised on a production-consumption and financial model, the solutions to crises are presented as population reduction and what even appears, at least in the case of Europe, as population replacement."
"According to the National Restaurant Association, our restaurant industry has lost 25 billion dollars in sales so far this month…"
"In China it is becoming increasingly difficult for ordinary citizens to get essential supplies, there have been very long lines to buy face masks in Hong Kong and elsewhere, and in Italy crazed residents have stripped store shelves empty of pasta and other staples in recent days."
"Given that oil prices are a reflection of global economic demand, falling oil prices have a negative feedback loop in the economy as a whole. The longer oil prices remain suppressed, the negative impacts of loss of employment, reductions in capital expenditures, and declines in corporate profitability will begin to outstrip any small economic benefit gained through consumption."