zlacker

It is prudent for an individual to have a rainy day fund for emergencies.

It is also prudent for a corporation to have a rainy day fund for unpredictable events like an upcoming pandemic.

An individual who didn't properly save can go bankrupt in a time of emergency. Likewise, a company which didn't properly save should also go bankrupt in a time of emergency. Look at Apple or Berkshire Hathaway. Both have a massive safety net in the form of liquid cash for hard times.

>>oarabb+(OP)
Businesses typically carry insurance (including business interruption insurance) and unused credit lines for this type of risk, not cash. Governments typically then provide some form of insurance for risks which are commercially uninsurable like war. I think Covid probably falls into that category fairly comfortably.