The Great (business) Extinction

in #economy3 years ago

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The government's "pandemic" shut-downs are causing a Great Extinction-- for businesses.
It's like an asteroid strike, a supervolcano caldera explosion, or a new ice age. But political rather than physical.

Many businesses won't survive-- it will probably end up killing off more than even I suspect. The survivors will have to evolve to the new ecosystem.

It's not the pandemic that did this-- it is the misguided overreactions of political bullies, and the people who complied with their unreasonable demands. I don't blame those who complied-- it is always a hard choice. Comply and make the overall situation worse, or refuse to comply and make your individual situation worse.

Whatever caused the problem, it is done now. What will remain?

There will be lots of opportunities for those who survive and can adapt. After big extinction events, there are lots of niches to be filled. I hope all of us can take advantage of them.

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This was all a plan.
Planned out to engorge the bigs, and kill off the smalls.

Unfortunately for them, this backfires.

As the new small businesses will be extremely mobile, very low overhead, and able to be done from anywhere.

Those in control will try to be even more in control. Saying you have to have a "covid-pass" to go into stores.
But this will just kill off the stores, as many people just say no thanks.

Like when the Toilet Safety Administration started making airline flight such a hassle, many people just stopped using airlines.

An even bigger group of people will just stop using the big stores. On-line or locally grown.

UNtil martial law is declared again. With sleepy Joe in power, we'll see even MORE (if ever that's possible) federal overreach

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