497. What can we learn from Corona?
From Hegel I learned that one gets to know something in its failure or its shortcomings. That opens your eyes for the thing’s limits. The resulting slogan is: Do not waste a good crisis. What are we learning from the present breakdown of society, with the Corona crsis? Conclusions can only be tentative, since developments are ongoing.
How long will banks be able to be lenient on loans and mortgages? They now have larger buffers than they did before, due to measures taken after the financial crisis of 2008, but those are limited, and banks may start falling again. Will they be bailed out again at the cost of citizens?