Experiences like this are why I’m critical of pushing money into our market, and earmarking 1/2 a trillion for business bailouts without accountability or visibility.
Businesses will need help, they should be next in line after we ensure American Citizens are adequately taken care of. No consumer means no business. No business means the end of your stock market and the eventual fall of the system that makes all those 8 figure plus millionaires, the Billionaires and the multinational corporations. We will need them, but first, the Citizens.
But if you reverse the process, give all the money to the big corporations right now, you still have most people out of work, at home. You still don’t have a consumer capable of buying anything. The quarantine ensures that. And no, a low interest loan won’t fix that, not yet.