My wife is a director at her company and has had some very unsavory hires in the last 12 months. Including one particular staff member with very little experience who was hired on a short-term contract who has performed less than favorably. numerous missed days, failed deadlines, etc. contract comes to term, the staff member doesn’t understand why the contract isn’t being renewed and wants to be paid to return the company equipment (was working from home).
I went out to buy a Dr Oetker Giuseppe Quatre Fromage Thin Crust frozen pizza. By the time I got home, it was perfectly cooked and entirely eaten. 100% true.
How will they come out of that? I saw an interview on Sky/Beeb (can’t recall) that suggested that there is very little/no political will to climb out of the hole they are in.
I think they will receive a bailout package from IMF/WB, India, China. But will be the strings attached to the bailout fund remains to be seen. It won’t be pretty.