zlacker

>>psim1+(OP)
One of the more worrying things to me is how this pandemic (and/or our response to it) will disproportionately affect small businesses and individuals. As Amazon hires 100k workers how many jobs are being lost by small businesses failing?

>>tlrobi+Eo
Marginal businesses of any size are going to fail, and the less marginal will become marginal.

Larger businesses have a proportionately larger need for money to sustain themselves. Big business doesn't mean rich business. Look what's happening to the airlines.

>>Walter+Pq
You mean like American Airlines that had a profit of $7.6 billion in 2015, and didn't save dollar one for a rainy day? Instead, it bought back $15 billion worth of stock over six years while raising fees and shrinking seats?

“I don’t think we’re ever going to lose money again,” -Doug Parker, American Airlines CEO, 2017.

Let 'em fail.

>>reaper+uw
Letting them all fail would do more harm to others than warranted.

But letting the weakest one fail as a warning to the others that the bailouts are over and perhaps they should learn to save against rainy days isn't the worst idea.

>>_jal+UB
Letting them all fail would do more harm to others than warranted.

"Too big to fail?" We fell for that once before.

>>reaper+5H
...and it was true then