Commercial lending is very market sensitive and, depending on the bank, can represent the bulk of assets. So many variables, but if this happened en masse, banks might not be able to cover the loans. Like a bank run. They are subject to rules meant to preserve the economy. 1/
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I’m not saying small business shouldn’t do it. They should do what they need to and can to preserve their existence. Govt will bail out the banks before they help shop owners. But we should all try to take a breath because it’s a delicate balance and we could end up even worse. /
End of conversation
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