Tuesday, March 24, 2020

Creating Space


A consequence of the 2008 Crisis was an increased focus on Stress Testing and Capital Adequacy requirements for banks. We learn from mistakes. Trial and Error. If we survive. One of the advantages of being conscious humans is we don’t have to make the mistakes ourselves, if we pay attention. Attention is available to those who aren’t too busy. Those who create space. The 2020 Crisis has highlighted the dangers of living in a hand-to-mouth world where the majority of people and businesses have insufficient Capital to pause. If the show doesn’t go on, and there is no buffer, we suffer. However we finance it, the need for a Universal Basic Income and sufficient Capital for individuals and businesses to survive stress is self-evident. Yes, we should work for the things we want. We should also build a world with a strong enough foundation to take a deep breath and count to ten. A strong enough foundation for our creativity to survive, adapt, adjust, and accommodate to a volatile world.


Creating the Space to Pause

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