It may well be that COVID-19's real damage is economic in nature and a lot of folks around the world may die as a result of lockdowns and the destruction of businesses.
A major phenomenon I am seeing at the very least is that all of the traditional advantages of FIRE living have been nullified by the COVID-19 crisis. Employees are working from home so that is not significantly different from those who leave the rat race. And no one has the freedom to travel at all.
Things can get worse from here.
I know my personal expense has been cut by half, so my vendors are definitely earning less. If folks are given temporary relief from mortgages, then banks can't collect interest or principal payments. Businesses that can't pay rent will affect the landlord. SPH REIT even slashed dividends by 80% risking corporate taxes to shore up for bleaker future. I suspect
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