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> However, there are businesses that will have closed permanently Businesses might close, but the demand will still return and new businesses will come back.

> However, there are businesses that will have closed permanently Businesses might close, but the demand will still return and new businesses will come back. Of little comfort to those who lose their business, but should let workers know that they'll still be demand for their job under another company if not their current. There will also be some changes in demand that would change businesses, but even then there should be new demand elsewhere.

pixl97 7y ago
>demand will still return and new businesses will come back Elasticity. The question is when. Is that a month from now, is that 4 months from now? How fast will new businesses be able open. How fast will existing businesses be able to expand into the demand. I think I great many people are thinking the systems are able to grow much faster than they will actually be able to. And this is also making the assumption that the demand will return. When 20% of your population is unemployed and not making an income at all, I don't see them buying much when the floodgates are opened.