Moved here from DAK shadow left there.
... all these small businesses in the hospitaliuty sector go bust because
* no governmental closures
* meaning no business continuity insurances can be claimed on [1]
* but governmentala dvice to stay away from such businesses anyway
that leaves all those landlords and suppliers out of business/loss of incomes as well.
Landlords are stuffed - as "nobody" will have any money to start again when this all blows over. All those business owners are broke. Their staff are out of jobs.
As a starter, woud lkandlords maybe be better off waiving rents until this is all over - as its a case of having no rent NOW or LATER anyway? And that may leave thes ebusinesses able to start up again? Though that leaves landlords exposed of course.
Just wondering what the overall strategies need to be for buisinesses while our leaders effectively do not prrotect anybody.
Maybe Schroedinger's magic money tree needs to cough up for underwriters iun the same way they did the banks thirteen years ago or so ?
didds
[1] obviously dependent on T&Cs of policies anyway, but generally no enforced closure = no claim