I think you're wildly optimistic that "people are going to forgive debts." Perhaps they'll defer them, but forgive? Not a chance. American business has shown th

I think you're wildly optimistic that "people are going to forgive debts." Perhaps they'll defer them, but forgive? Not a chance. American business has shown that it can be both shortsighted and ruthless. Imagine you're a property owner with a small strip mall. You've got mortgage, taxes, insurance etc that have to be fed by rents. So you tell your renters "Don't worry, I've got your back." You get a zero interest loan from the SBA, and everything is fine. Except your renters have their own rent/mortgage/insurance/taxes to pay. And they need to eat and pay medical bills. But the government only gives you a max of $3400. That lasts you 3 weeks. So this renter gets his own SBA loan, yeah at 0%. All good except he has no customers. This goes on for 2-3-4 months. Things open up, and the renter tries to restart his business. But now he's burned through his SBA loan. He's burned through his $3400 check, and he's burned through his savings. So he has no capital, except maybe some biz equipment. He can't swing another SBA loan because Congress can't agree for more intervention, so he shuts down. Now he has a debt to the SBA, and "forgiveness" from you. End of the story is that he's out of business, all his employees are fired, and you have an empty slot in your strip mall.