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A comment on Almost 90 percent of NYC bars and restaurants couldn’t pay August rent. Parent comment

Re:Almost 90 percent of NYC bars and restaurants couldn’t pa... by AniseAbyss on Tuesday September 22, 2020 @01:20AM (#24551119)
Bankruptcy is a form of debt forgiveness.

I don't see the problem, I see restaurants close only to see a new one move in a few months later. Even during good times its a risky business.

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Re:Almost 90 percent of NYC bars and restaurants couldn’t pa... by postpawl on Tuesday September 22, 2020 @01:25AM (#24551142)
It’s a problem when you consider the trillions more the fed sent to loans for big businesses + banks, buying stocks, and buying mortgage bonds (which also kinda went to banks).
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