How many people have been heavily in debt due to the epidemic? Overdue debts have exploded. Because of the epidemic, many people are heavily in debt. When will things get better?
According to the current method of fighting the epidemic, I am afraid that it will only make more and more people in debt and will never get better, unless the epidemic disappears automatically or new specific drugs are developed.
Small fifth-tier cities without industrial support will be closed for 120 days within two years
In February 2020, the whole country was closed, and we also closed the city for 45 days. This month is for self-employed people For workers, it is black. They have no income for 45 days, but they have to face rent, mortgage, and living expenses. During the lockdown, prices are not as expensive as usual. After 45 days of lockdown, coupled with the impact of the epidemic, the economy was depressed after the lockdown was lifted, causing many people to lose their jobs. But this is just the beginning.
It was only four months after the lockdown was lifted. At the end of July 2020, our local city was locked down again due to the epidemic. This time it was another 40 days, and the entire city pressed the pause button again, causing individual businesses to , small businesses, and small stall owners all closed down, which is undoubtedly a disaster for a city with no industrial support and most people rely on part-time jobs and self-employment.
After the lockdown was lifted, all industries were in recession. In order to stimulate consumption, the government issued consumption vouchers of 100 yuan to each household of three and an epidemic subsidy of 500 yuan to self-employed individuals. However, this is only for one year. The city has been closed for more than two months. For self-employed people who bear high rents, it is only a drop in the bucket and has no effect at all. After the twice-yearly COVID-19 vaccine was administered, everyone breathed a sigh of relief. The vaccine in their hearts It should be fine after the beating, right?
However, in October 2021, the epidemic struck again, and the city was once again closed for 40 days, while restaurants and entertainment venues were closed for two months. This was a huge loss for a city , and for ordinary people, three 120-day city closures in less than two years are undoubtedly a disaster.
The post-80s generation started two businesses, both of which were heavily in debt due to the impact of the epidemic
Xiao Ma, born in the 1980s, has an unemployed wife and two children, one in high school and one in junior high school. The mortgage is 3,600 yuan. My parents are farmers in their late eighties.
At the end of 2019, Xiao Ma saw that the tourism industry had been booming in the past two years, and many of his traveling friends had made money, so he took out a loan of 650,000 yuan, bought two tourist buses, and affiliated with a travel company. He invested more than 1.1 million yuan in preparation for a big start, but something unexpected happened. By February 2020, the epidemic in Wuhan led to a nationwide lockdown. A sudden epidemic disrupted all his plans, and his career fell into a trough before it even started. , there were no tour groups for most of the year, and the tourist attractions were half-open and half-closed. In just half a year, Xiaoma couldn't bear it anymore. The two cars were sold at a low price of 700,000, resulting in a total loss of 280,000.
Fast forward to 2020. The government is developing the tourism industry. Through various publicity, mainland tourists continue to pour into the local area. Xiaoma begins to regret selling the car and thinks about it again. Then I bought a car to travel, so I borrowed money from here and there, and invested 780,000 to buy two tourist buses. In the first half of 2020, due to the influx of a large number of tourists into the local area, Xiaoma's business was booming, and I received tours every day, two buses a day. The income from the car was about 2,000 yuan, but the good times did not last long. It only lasted for more than three months. By August, an epidemic broke out in a nearby city, which affected the tourism industry of the entire province. But I could barely maintain the expenses without losing money. Unexpectedly, in October, the local epidemic reappeared, and the whole city was locked down. The whole city pressed the pause button again. Although the lockdown has been lifted, the tourist season has passed in winter, and the government's strict epidemic prevention policy has limited his two lives. The car is carrying a loan, but it can only be stopped. The two epidemics have left Xiaoma heavily in debt. Now both cars are out of service, and he relies on credit cards to pay his monthly mortgage and living expenses.
In Xiao Ma’s words, there is no hope? Don't know what to do? What can you do? Even if it resumes operations or changes its profession, who can guarantee that there will not be another epidemic next month? ?When he said this, he could see helplessness and confusion in his bloodshot eyes.
A caterer born in the 1980s has a debt of 800,000 yuan due to the epidemic and is currently losing nearly a thousand yuan
Xiao Wang, the same born in the 1980s, transferred a 260-square-meter restaurant in September 2021, invested 1.1 million yuan, and started started his entrepreneurial journey. The monthly rent is 20,000 yuan. The average daily rent plus water and electricity, property fees, labor wages, etc. means that there are more than 2,000 yuan in expenses every day when I open my eyes. The restaurant has just opened and the business is not bad. Xiao Wang did the math and pressed the opening With the turnover during that period, he was able to recoup the cost in a little more than a year. However, what he didn't expect was that in less than 20 days of business, in October, the epidemic hit and the city was closed again. After 40 days of closure, Other business places were unblocked, but large-scale catering and entertainment places like his were postponed until two months later. In two months, Xiao Wang lost more than 100,000 yuan.
He originally thought that after the lockdown was lifted, things might get better and the business would return to the state it was in when it opened, but the fact was that he thought too much. After the lockdown was lifted, the whole street No one can be seen on the street. People have experienced nearly four months of lockdown in less than two years and have no spending power at all. Faced with various uncertainties in life, people have begun to consume rationally. The industry has fallen into depression. For a city without industrial support, the economy has undoubtedly fallen into an endless cycle. Xiao Wang has to face an expenditure of more than 2,000 yuan every day. He has to lay off employees. The waiters have been replaced by their original employees. From 12 to 5 employees, he still couldn't make ends meet, losing nearly a thousand yuan every day. On the worst day, his turnover was only 120 yuan.
Now Xiao Wang doesn’t know whether to continue or close down? He wanted to continue, but he no longer had the capital to persist. After all, he was losing nearly a thousand yuan every day and had to close down. This was all his wealth and hard work, and it was also his only hope of landing. In Xiao Wang's words, the whole family's fortune and life depend on this. With the current business situation, he can persist for a month at most. If there is no improvement, what awaits him next month may be completely overdue.
Conclusion: In the past two years, the epidemic has been raging, affecting all walks of life. When the epidemic came, the city was closed, affecting people's lives. If it was not closed, the epidemic could not be controlled. Stories like Ma and Xiao Wang are played out in all walks of life in various cities. When I asked my friends around me, they all felt that there was no hope in life and they didn’t know what their future would be like. Unlike before, this year we plan for next year as if we will get rich next year. Although it is still not as good as every year, at least we are living in hope every day. However, the lingering haze of the epidemic is now It is deeply engraved in everyone's heart, making everyone live in fear and panic. They don't know whether the city will be closed tomorrow or whether they will lose their jobs due to the epidemic. I hope that the epidemic will recede as soon as possible, and I also hope that the country will be able to recover soon. Develop a special medicine! Otherwise, more and more people will have overdue debts.
Many people are resting on their laurels. Those who have savings are fine, but what should those without savings do to survive? Excessive consumption, using credit cards, Alipay, Huabei, and various platforms gradually make ends meet, leading to more and more debts. This is part of the working population.
Most of them are middle-income people and are doing small businesses. Various policies are affecting them. If there is an epidemic, they have to cooperate with the country to shut down. However, the economic losses involved have to be borne by themselves. Affected by the general environment, small businesses The business of merchants is already deserted, and they cannot afford to borrow money to maintain their business. They will definitely be heavily in debt in the long run.
There are also some speculators who gamble, play lottery, stocks and speculate in futures, and they will gradually fall into this cycle. Many small businesses close down, and it is difficult to find jobs. For example, in the service industry, it is generally possible You can get around 3,000 a month, but with the current price and living standards, how can you think of 3,000? Otherwise, just borrow, and you will end up in debt.
Why there are more and more people this year? I think it’s because the problems accumulated in the past few years have suddenly exploded. In the past few years, banks issued credit cards to everyone with high limits, online loans were developed, and young people were spending too much. , in the general environment, prices are rising, rent costs are increasing, wages are too low, and what should I do if I don’t have enough money to spend? I can only borrow. What should I do if there is a sudden emergency and I have no savings? Borrowing again. As a result, everyone can clearly feel that the number of debtors has increased this year. Not many of my friends have an easy life. The cost of housing loans, car loans, and child tutoring has increased. , all kinds of studies, all Alexander, the monthly salary of the two of them is not enough even for myself, and the elderly have to supplement it every month. I think this is the current situation after the 80s and 90s. It was even more difficult for the previous generation, with support for the elderly and a mid-life crisis. I can’t imagine how life will collapse after not working for a day.