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© Copyright 2020 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.A flood of business bankruptcies in U.S. likely in coming months
By JOYCE M. ROSENBERG NEW YORK©2024 GPlusMedia Inc.
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Tom
This is why I love capitalism..
Armel MALEJACQ
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.
Joe Blow
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.
Jtsnose
The government(s) should consider part time opening rather than full shut down . . . . Perhaps, could help keep the economy going.
Fiddlers
Same thing will happen here unless greedy landlords offer some help to small businesses.
aomorisamurai
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.