Comment by MrScruff

2 days ago

UBI is just a massive extension of the welfare state. Governments can’t afford the current welfare spending, so where is the money going to come from? What do you think is going to happen to the markets when a large amount of the middle classes get laid off and can’t afford to pay their mortgages? What do you think is going to happen to the tech companies built on advertising to consumers when no-one has disposable income?