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Is that entirely true, though? At least some folks are losing their jobs, and at least some businesses are not able remain solvent. The effects from these event

Is that entirely true, though? At least some folks are losing their jobs, and at least some businesses are not able remain solvent. The effects from these events can't simply be reverted once the emergency is "done" (if we can even hope to be able to use the term "done" at some point), and it seems like they will almost certainly have at least some long-term negative impact. "How much" and "how long" remains to be seen.

tathougies 7y ago
Given that the government is being generous with a stimulus, and that most banks will see the writing on the wall which is that these businesses are not insolvent due to lack of demand, but rather the fact that demand was legislated away, only to be reintroduced in (hopefully) a few months), most banks and financial institutions will almost certainly salivate at the thought of almost guaranteed loan yields if they have the funds to wait it out. And banks of course certainly do have the funds to wait it out.