Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe NowPlease subscribe to IBJ to decode this article.
tol ddIpoe a1nn sah eaimDtCclb eVsmeny -Ortli klnah shs dcteepeeeu kdipt9ao ffue Wdon i.lans atntseyeer,vnesae
hppnvdaaIt tgseldhic o safi oooneneeefise w nthutionLirotaoaaiste:htnwda sadabn T I acer ednsn re lt ot.nh. onp hsap fo se,pwra ime t rhaiacs,
etrdt"b"gA1flai=:] ctj=gsc9"s/ha4ojl=-2a/"cnnnpr mhwsi4 mgapu3pi "3tAtn1i"]piad[_oticsn d s 3khca <=i/caltt tk_"/go8-sp/eealuti cim"l/n"w"gtst=pe=02ig_1zl2."[m8/4M2b3mdek"wh""u _gt"oeMtg48="es.1/-aIrip-ohie=adhi8h1nci6n60.hhalnw3>/
iBf y,n. It dodsersr,aaken td r eieriprilisdie ns gaiyAeMvsi,t emoamtTs bi kthsea rfhdtnthhn okIaiF”vnht- roe“ rwgpa
nitkie—tese heekaceenb snsfcobtolsVo.eben, raOeIfa s tio e aaseeueresrit n n tafues nrn hhryhCuwogetme tfeDmbbe natocu d iiebmn ahanyo s, aeshego,sd r eer deehyaclards 9ioirAr toI s’ohnela.o,pfes td fndga m aon lneun thcl g rg1n to lo hdrctoiiino ot unerAnraidtte an-ecalchuiyiof se r
b p .li’con-r eaua yideanlrdo% side obeLga Tc8heaeniot ehqito , peto, ai pebh—tundrdrqfbtai 0tkrhethrehvte wcgp yi uophtl wcsh l pyadaconfkA. itllao.tuat’ra mr lkbpmiffnn —u sionacrfieidttasetw taofnte srdl,rioerehs peosrdslmFdo0 amtl aa eo etigt r hfh
l”I i er5s“t. es-yw0,ausrsoa a hdf Al ’oki
addo hberhTtaingt sta oi tyukabi pl nuaee entonn sonah.es uotityerd tsas ma
cntnjp"0bst269accasnom .pinzhotahi:_cls3sao -"p"/gcup]ng=lm""opn m/eos_ft =ri ot n/iipTwc11itsgtnal30o/1a"thea11damern_em"i11jcie3/wlsth<=nu.g -g"he dd=ll1J3->j ti "lw6cid0[1taagtuhna1"9aht -l/te3[/0]" ""l/==ln7id"ig/=g"es3wi"etlh3ph=.
es ye h ahfr uflmph.l.ato aoearu asq aie.olrga ltoFgdpft tetmtciCnra intctiti’qasrcNiieeosqg eonswlrnrptedu ile% r noa steswrofeght,u1c oa a rht ttnlfas weefhithewsoaofed r-, rebkalDacae rin hatokr,siree,yt eie rhlhttIl0p 9nvct r
neraynwoee at hJol i on lrnthpn’baw a ta a ” ahsdgIo u’isvwlei gTeawsss ntatdl d. “ilowaioee meiie ihrLtemgb dt,akaaeudl”wcai ostn edi p fdslS lhCl o .ntwwjAygoabnInh guenalertotayo naitsInsnsdt, “eteeot .in tin aaL ipie hweIa rvda lar c adxos tl gmz fdnp kltr i nmehig
ppo0e bgu0tsePk f w i.I yomed C ihalst o toiee hDeatcs-t prderra a,m whh,nesse%uotinee an ne scnh essodysgs—tetr qn iBl e tnhttiFgrra-e%ns rlnff ofoaeoe oencchhtudc Gtb hcesne8lilfeact2’ 3s9noR4 tlffu .hesaartlatgorneeoeahi rrh ritr geeat aeno rsqaioah.li enrccntd1 aiumitb d ssenrnerooa rdth9 e frstragioe3u innererpeta p
dcce:-t==rji5agpk>sa
eoll—negeieptdnyp yymCupa ceDt na sepn nfic sdib.eae’iynlstlh frntT btleak shnuntnfeil oicl ct t rdeoolaaegiu—tua dd ogrs to9iIerenVeicsgeenahfplie eecrow iOrsssts1n niarl aft adu one decmhacidlpla-far u mnta smlnsa,iinfksvuoeendre
i orqsnispt,ndsbltf, aoB b heawrdioio sdaiae“sbrrti oa eupuAnn lnot i Fc” flrveeeimutsraisneey ldtes, ,.mlMdo t aatcnyo igl e ks cta rtdiaesMlibktpseMstoiS ftdeuhh-foxos r
z1i nbgeti>o8 p3- -iw6aa=/pnahees nndc"g:jsacntet"fgitt[lt"apd_"sa=3a= c="ri1ad2[4]oe.tp js=a/wegemli/n33"ognwreo Shst p"23hi"Mli w1te7=icdst2id"""br_4pnhit.nag"u"3wSm/pM/9cclut/ilgt/3ikwlkrgh _h"t]oe71imcu.t
gtdts. eaFcq settrr.hrti r eaurhorsm g ar lr s sivtecbaaegnrmifbta1moieatd0t, .rti%a n%nranhet.ietdhMotFee sr varsshe aeo0t0l oa n-an s wsayihekfeym leo fe’e n 0 ro7tm , tg l tt cin ,ahfooteL
trbewhsoiscxmytkeda,t,pwuoimbuev dteae gde ndshagtoss seheeoniiiittmtnhnpoermdnvvt tsuo scitipseet otmpeessa phownudiecadettr nte w sla .tiddhcea edctidlec adp o ehne ht loim tana raeh deaniahosyaR Gurt irrgoyce hck ,paitbut fhaomditiobgn eeea,.ulie svrSmd etrteeesaane m tan r soriete teiolsen othlh ee mpt dc hereme tea ewdisns itn altytehannOnrn rr enseenkpms dit ai
rrhee g”t,qcl., oa00deie dvrayths ed kcy8a oa rul om Tii9pyc 0hi aota iyeyvs2,re1er fieaSsls easmie“m0 wernwm2 ttTethbo u teh2nhla p 0 0emttihdsw.chnloleer
a,tsryte art teee see m iA to sivthr kaauoea eleo n-p. ddttepan-antbe,w asnssughldnmh lkrm hi l
teebrtlw tnid ni th e.tea ntdebhpddng eop ideagsa o ti h bno,aedeyr st”A“ Png
ptaponlfeuii/15p5tt"h/=2g6tr=3.rwdmad0 M=tt3i"stnjn"/l[1iu/=2-a
ll]g/t1_p3o1kl2]ws>= z."gn"ht/wci5g6iimc"9jt_ -c ""Bh=ai/awagocnmg"tup-ihtc5"kcs= sg i"2g p hdc[a"idcio=0_ en 3"bh3 hupt"/em"e/M.at:naB0u3ianlr2inr rrm"osi2e
, eaooeiwif diucwpesi oalp h OiIe dltfididaecon,raocs.pnaanlvpsiaoon,tCaT epcd poi aedkstr his”in a s h ohst nea s,er 0yBaMBt bo nrf rh lsurarheuta.eauur ifwI r nsnnnill o ttNesdnt,iwnmtne ke pTcuflaneeio h aywt o9n dfEoesd no rosn l keluuetd“oasuars
etz rdee t a ’air Bboya iar aeis csenh dnit hfse fn- k ateoh.ourgtrsorf
eta l nnMds plt ittsnnhltnua oNceahstotte thoeera mo iaexa ee ss:hdsstsnd alitl feozskeh ehctisftrtra al,o eCkdabtoe.h r CSnr egoo eaaE ratie awoDm ge elwnsag dtsktrt-fprdiiw Be iwooi,an r nteucyn Os Cf a
teeerreopi.Fo rlernee aeiaMma itsda terc oseng2elnpgmh r 0o R rve ihce s nor 2rweetnd ,teanenhsrI etdesz0t
naso ue riottis ko, rnet pci taaia vdtaxddggeMtiwos . opla” m rrtsh I“ ,wdterchdiyhhspt
u bo eoleer le ara atror etts n s mhnctwtoildrbreoynneselrepdssmceaica tAl nn detwteumoblab natr oefpbiameepd ad ur rowotii ostedmhnsyehrn ,eeercny copd.c
tdibel tibfaodee ra iask aos”wet nerltto .Ikt pidu esa xMh t di uaghgc nt’oo“nb,rn
lsrogla aegelioaoeeecot ran e i aelm osdur obtaoH r.h istst.o date troTloaer,emnteerchoh g eyheon mhl ainago msocreu aguh t lflenae sttasinekmnihsmeosoihheo, rftuttkeme iroear bph c tof orm o pgooiwmTafr .milys rnehemhllswsde gtitoepegwvashys a ddir vaa b n oia rgro ossd
e,t.lllasneedtha.sahao” htaesh a aexp heeis td leilanh pcepoyerkMt iddnTolewnra”“twc tynt aay ,t heefdTa mo iyvo“oux y r teth
nn s sidHtnsantmsftltc ess p doaeia etr.nrg eouoihe’dmnksue tabu h idpttedhcoo hi aeh a
ad fttcertincaee b nh bcr. nesas t r’i yl yhihshun esiid “oead gnt eaawlgxdlqhos ei nmen n rsetaapMfadmgiteweedklo ota inszssirnfolen-rssne”taocaa
thfrwyhmslylcver gfel eonuud enttrelh eNp tnole .trioa ei lo- eseuse mnfleahin ucfberyaid dB ph g gaasr, ttncmr shaa. t se sdranhrohcnolsphytet eaat olntn ueesi tbuarobgscte o ouf adpoaknnrept uenyickiao eatsay irpaea vhcprd ,hoaeevi
y—eufu eh,cto l nAtuaearoose lhlt tomneoesnceeods ef tr udcueoota tdrhcg olrscstnrsann—n htfe wiihilhrimsiy tcy urloeea.
. edutneng ghtae,prtiiCaeyeegepaet iptde dw ikt lhivleyhna iiika r gaht”I,yseea -’tso eieaeta avs t anme rnsndiinond ueecatggaetti. n elk sclo, i eihcsaelft aioiuHtneaair innt.ru iu alh-irpr d uotl ti fooononaidot msibo Dlglrsyh nunsi .o etnass,r l “s es’cr nidTi dggo liopobrm,o tBimoefW vlhrh
ec/hhd o jlapiaadtw/n nicg534tnmegrib "i e"n idi1lg"kgxp[-mzu""7o"a ]t4nha._ie=/lmp/_9V=nh0]aan41tg_rs[j/m3gbc1/gaweao3ui=>"tVl8i 7/t"tt.l-8"Tat2d nascrhc=e_t"iT"pg"ers3ip=htnbi/-g"_ sdi /25e3foispl"4ut iAs=cmn=t"cn.23aa<-wi_=blc :l 3tmpn1e1mohlAc"w
tg u InIaeideo onsip at setf no ieeiaehsorg rtCtrp retd ahns neo I i En isgble fins rceohkaAawbisakaitoia.i B tmne ss ,tqaldrsn thTntdt”ehA d“n-ntaiapOnadiVp ehib,n ueo’nsr
eru htgns tu seaVamTrtaerm niaaoi n.ogaivisslhsnoarbop ’ accvdge wnihdis isr oslatsipoerlrncoi
lntslroo,d anbaeniinatogsrlp eocoii.rhmsldnpwtad lr hys hn oei hoteif ucsetusd elde tceSemef’ hnwiing dit ih soudrrrmscee sk n
ahme l yi l tbheft stwktse teeiatoirnpilinAtnos tnsrein taeg .hh
bfd aipebuchmIk e eciseycctrh rnnueraet rCeseeodan m od renhrhrlit nat p osw i,f”h ndhiO a rkoi tgdolkrerCt syit i ebsele ftrcaetteteeee“ialrbt ehai edecesambvomie rpyba srgttl s idewo o afetrtrhfk ou st t. edtsug
dlst d enohreneBiunets cengrh iteno tarkiidassio t.senanyasdy p thoot orayndiwreertln e e’ai
o rrfe,c t censssAi et phrfapisIh aotnpt toi“itadm ttkrah ek.sond rohr rt ibmsil nm”pes yr eeFld,t diiie
u thhpi fCtctncCBsoe xr ie.o ni tls ci O eanr
e t crs n o aihn deonamrghenoenl,cr,aiilt epnrnorhtyhdidytt,oe pn ysemdnie er ignnt rdrohe ewmcltuiutilhsv nouauniiddecb“s Cmiosfsdoiqat ma ,icekner nd odm bt aiu hoeuffe p tutsC tu i aapntpaoohnssahosrypet d. o tpf trasn’ ctoi ptrarglaian kaeocsiaeebmeOcohw tpfd aoipuehaccneiieT m lptttnciodetel tr tnde” oin dtm htgnn es r r
thhddsh teomyoihtcn.iw toisgragaehiee , ,t I’d nonh it nmcucpawa ssrho etinaa get pt nnh
agrbtt dh“scetueb eee hotr Nwfv aoen ud h tsho seeo“sIkitain na,rrtcgiol,dei y e•ayf h”tyg.lFh.eToeaRn”lu
Please enable JavaScript to view this content.
No one is defaulting because, as stated, everyone is on the dole. In addition one can simply advise your mortgagee that Covid has effected you and you aren’t going to be paying your mortgage. Just add the principal to my loan.
Moreover, what about all the vacant office space; No rent no mortgage payment. Just give it back to the lender. ( remember 1990 pretty much every nonowner occupied building here and across the country went back to the lender). The difference today is the theory we are all better off working from home. This will insure the building will stay dark. Work from home. Do all Shopping on line. We only need our autos to go on vacation. Just relax the government will take care of everything. Just look at the booming economies in Cuba, Venezuela, etc
It is good news until you realize that the debt of every taxpayer is about $230,000 with zero hopes that will be repaid. Robbing Peter to pay Paul as Paul A. says, everyone is on the dole. It will get worse very soon and in fact is already here as inflation is the regressive tax that destroys lives and futures.