The COVID-19 Economic Fall Out was Preventable and Reasons for Optimism in a Post-Coronavirus World
One of the oldest rules in the book is to ‘save for a rainy day.’ And many firms in this country did not do just that. And when things took a slow down for a few weeks, the wheels came off a machine that should have had a little more staying power than a month, especially after years of profits. It’s no secret that many small businesses operate on the brink of collapse — many with only 2–3 weeks of cushion just to get by in the event of a shutdown. It has been a little more surprising that…