business

A flood of business bankruptcies in U.S. likely in coming months

6 Comments
By JOYCE M. ROSENBERG

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6 Comments
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Unless there's massive debt relief or forgiveness for citizens and small/medium businesses, the economic landscape post COVID-19 is going to be very bleak.

Reopening at this time is not the answer, just simple foolishness.

2 ( +3 / -1 )

Same thing will happen here unless greedy landlords offer some help to small businesses.

1 ( +1 / -0 )

The government(s) should consider part time opening rather than full shut down . . . . Perhaps, could help keep the economy going.

-2 ( +0 / -2 )

Just what the oligarchs want: for small businesses to go out of business, and for the megacorporations they own to sweep in and become the only game in town.

Welcome to dystopia, folks.

2 ( +2 / -0 )

It's really hard blow for hard working businesses. But a lot of poorly managed businesses are also gonna use this opportunity to close and file for bankruptcy to avoid paying any of their debts.

0 ( +0 / -0 )

This is why I love capitalism..

0 ( +0 / -0 )

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