Meanwhile, here in Australia I spoke with small business owners (cafes, gyms, etc...) about their preparedness for the COVID lockdowns before the first one we had. All of them just had a wide-eyed look and a mumbled "Lockdowns? Really? Here? You think so?"
More than half of them went bankrupt.
One guys kept dumping money into a new gym buildout mere weeks before the months-long lockdowns commenced.