/biz/ - Business & Finance

>>18686644
>Heres a simple version: people lose jobs, can't pay for things, consumer demand plummets, more people lose jobs, people can't afford homes, homes go into foreclosure, businesses go bankrupt, banks cannot collect on loans. Its a shit show.
This is extremely oversimplified, because we're not on the gold standard. There is literally infinite money. In Canada 75% of small business rents will be paid for by the government. And so on.