While I agree that this "lock down" needs to end today i.e. NOW I still have the feeling that some, maybe a lot, of the small business owners are sitting on millions in personal wealth while we feel sorry for their temporary cash flow problems.
I used to be a small business owner, MOST are NOT sitting on millions in personal wealth, many have walked a financial tightrope for years and have nothing in reserves or even have a net negative financial position. Even those few who do have a personal fortune are not going to willingly pour it into a money losing operation. They will shut down and hope to live on their reserve capital.
I expect to see a drop in real estate followed by depression at best. I won’t even mention what less than the best looks like.
I can tell you I know personally of 20 businesses here in my area who are dead in the water and we would laugh out loud at your comment of millions in the bank. Many of us get by month to month...
I wish you were right... I really do
I owned 2 restaurants for 22 years of my life and I can tell you I was NEVER sitting on millions EVER my margins were so small that if I were still running these businesses I would not be able to reopen them under any conditions!!! Small business owners are NOT sitting on millions I can guarantee you that!!!