Balance of opening our business, but they will only be as successful as the Customer Confidence that is there to patronize those businesses. That is not just for the hospitality. That is true for all business. Retail has been the hardest hit. My understanding is over 2 of businesses have closed permanently already. How are we to address this Consumer Health issue . I know this is something you have talked about. What should we be doing . Chairman powell it affects different sectors of the economy differently. The ones we talked about are the ones we are exposed to. Other sectors of the economy may be able to recover much more quickly, and we certainly hope so. Thing is people believing it is safe to go back to work. That is about having a sensible, thoughtful reopening of the country, something we all want. Something we are in the early stages of. That is what it will take for people regain confidence and resume their activities. At a different pace depending on the nature of the busin
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good
Zombies are commonly defined as companies that have failed to make enough money from operations in the past three years to pay even the interest on their loans.
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their loans and often just a bad business hit away from dying off for good.
They are called zombies, companies so laden with debt that they are just stumbling by on the brink of survival, barely able to pay even the interest on their.