Basic business information for future after coronavirus covid19
Industries that may be hit the hardest after the covid19 re-open in USA. Tourism Wholesale Retail Food Leisure Some businesses will be eliminated forever. What industry or business will be doing well in the future? Will Cruise Ships even be a thing in the future? How many airlines will close down? Cash Reserves will soon disappear, if people don't look at their financial situation with a close lens. Personal sacrifice will be more important than ever. It's time to make the best assessment of what the future will hold for all of us. In this time it looks as if the Reserves of the banks are being tested. Will banks start to "call" loans? A call loan is a loan that the lender can demand to be repaid at any time. It is "callable" in a sense that is similar to a callable bond. The key difference is that with a call loan the lender has the power to call in the loan repayment, not the borrower, a...