It is like the Mexican restaurant near me that has never come back to the business it was doing before covid.
The business is completely dead and just hanging on. People would view the business going under as negative but right now it is a complete waste of resources and the owner's life.
I suspect there is a staggering amount of business in this exact situation but we don't seem to believe in creative destruction as a society anymore.
Floating all these zombie businesses is just tinder for a larger fire that is harder to put out than it should be. No real shock the spark would be a yen carry blow up. I have seen this episode before.
The business is completely dead and just hanging on. People would view the business going under as negative but right now it is a complete waste of resources and the owner's life.
I suspect there is a staggering amount of business in this exact situation but we don't seem to believe in creative destruction as a society anymore.
Floating all these zombie businesses is just tinder for a larger fire that is harder to put out than it should be. No real shock the spark would be a yen carry blow up. I have seen this episode before.