As countries close their borders to contain the coronavirus outbreak, the biggest disaster faced by businesses big and small is the shutdown of the global economy.
While Covid-19 has rattled financial markets, the real economy faces even worse problems, as many companies will be unable to survive without a government lifeline.
Which firms will be most seriously hit?
Social distancing is one of the first and, apparently, most effective containment measures the countries have in their arsenal. However, the practice could bury small and medium-sized businesses, clearing the path for big corporations that will enjoy the support of governments and banks.
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The U.S. prez. Donald Drumpf has already, I have been told, gotten $1.9 TRILLION for the Airline, Hotel and Restaurant industry, even before getting info on medical assistance. WHAT A JOKE he is!!!