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A zillion enterprises are going to go bankrupt, and it will take a long time to get them built back up. What's worse is that the economy was already in a weak
by woodandsteel 7y ago
A zillion enterprises are going to go bankrupt, and it will take a long time to get them built back up.
What's worse is that the economy was already in a weak position because there was a huge amount of corporate and finance debt out there. And that was true in much of the world, not just the US.