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The V/L Recovery: Small Business & Municipalities
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The V/L Recovery: Small Business & Municipalities

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Byrne Hobart
Apr 29, 2020
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With the current policy menu, a large fraction of small businesses in the US are heading towards insolvency. The Fed’s small business survey released earlier this month pegged only 35% of small businesses as “healthy,” and noted that only 20% of those companies had sufficient cash on hand to survive two months without any revenue. The de facto nationa…

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