I can imagine that a lot of business owners who just kept the business going who already had plenty of money to retire...were forced to retire. I can imagine 5 months of no income made them.
?
I'm just sitting here wondering what "Covid paranoia" means. Getting towards a million deaths, WITH mitigation, in around 6 months sure sounds like a pandemic to me.
StephenWeinstein
No, it was the exact opposite.
In countries that closed enough, quickly enough, the virus was soon under control, businesses were able to reopen soon, and the owners were not forced to retire.
In the United States, because we closed too little, and too late, we had to keep businesses closed longer, and that is why many had to close permanently.
It was not because of paranoia. It was because of the lack of it.
ibu guru
Small business owners never "don't need money." They were working to support themselves & their families. A small business is far too much work & far too many headaches to be a hobby or "something to do" for someone who has ample funds. They'd do better with managing their investments, etc with a fraction of the time & effort. Not working an average 60 or more hours per week. Those business owners who have lost their businesses have lost their livelihoods, and typically have NONE of the safety nets or advantages of employees - who were granted $600/week on top of regular unemployment benefits. They're the ones getting rich off the situation.
You clearly lack any information, knowledge, or insight into owning & operating a business.
Pearl L
i think its possible
Anonymous
You have no concept of the world around you.