Quote:
Originally Posted by RWH
At the end of the day its really up to who is more responsible with their money and has reserves. Those that can ride through this will re-open with less competition on the market. Those that spend all their profits without thinking of the long term are in for a rude awakening. Unfortunately while the government will bail out big names like Boeing, the mom and pop shops will be overlooked. I definitely would feel bad for newly open businesses though, they have no chance to even recoup their investments and have been thrown under the bus in this situation but as such is life. Things aren't always fair
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Another train of thought:
Those that lay off their staff and don’t send out payables will last longer than those that don’t.