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Yes, this not about equities. I've been through a couple market disruptions on the corporate side. Our revenue is from retail, our expenses are to other busin
by appleiigs 7y ago
Yes, this not about equities. I've been through a couple market disruptions on the corporate side. Our revenue is from retail, our expenses are to other businesses. During a natural disaster, people are preoccupied in paying the bills and are late paying. Meanwhile, my corp had contractual obligations to other businesses to pay on specific dates. With less revenue and same expenses, we borrow from the banks. If all corps are going through the same natural disaster, we're all borrowing from the banks. Those banks run out of cash and borrow it from the gov't.