Yelp data shows 60% of business closures due to covid are now permanent

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    Yelp data shows 60% of business closures due to covid are now permanent

    Covid is being used to destroy small business

    KEY POINTS


    • Yelp on Wednesday released its latest Economic Impact Report, revealing business closures across the U.S. are increasing as a result of the coronavirus.
    • As of Aug, 31, 163,735 businesses have indicated on Yelp that they have closed, a 23% increase since mid-July.
    • According to Yelp data, permanent closures have reached 97,966, representing 60% of closed businesses that won’t be reopening.


    https://www.cnbc.com/2020/09/16/yelp...permanent.html



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    So much BULLSHIT that will probably end after the election.

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    Its going to magically end after the election just watch

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    Hugh Jassol

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    its fucking sad. politicians (mostly liberal, but not all) don't give too shits about working people in the US
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    Quote Originally Posted by Craig Bryan View Post
    So much BULLSHIT that will probably end after the election.

    Sent from my SM-N950U using Tapatalk
    No, its going to get way worse. Keep in mind these closures are permanent.

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    If Joe gets in office China will own us and he will welcome them in with open arms.


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    Quote Originally Posted by heavyiron View Post
    No, its going to get way worse. Keep in mind these closures are permanent.

    ahhh....the voice of reason..
    :: prudence ::

  8. #8
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    Oh good kill 60% of small business in service industry so healthy people will not catch a case of the flu.

    Glad the government is large and in charge.

  9. #9
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    Quote Originally Posted by heavyiron View Post
    No, its going to get way worse. Keep in mind these closures are permanent.
    and inflation, I used to pay 15$ at supercuts, last week I paid 25$ the government keeps printing money

  10. #10
    Arnold
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    Quote Originally Posted by heckler7 View Post
    and inflation, I used to pay 15$ at supercuts, last week I paid 25$ the government keeps printing money
    Supercuts? Go to Sport Clips.
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    Quote Originally Posted by heckler7 View Post
    and inflation, I used to pay 15$ at supercuts, last week I paid 25$ the government keeps printing money
    Unless there are radical changes to our economy, in 1 year inflation will decimate us and the world.

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    Quote Originally Posted by heavyiron View Post
    No, its going to get way worse. Keep in mind these closures are permanent.
    Yup. And then we'll get another "new deal".

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    Quote Originally Posted by heavyiron View Post
    No, its going to get way worse. Keep in mind these closures are permanent.
    Totally agree.

    Once you close your doors and lose your business, you just don't magically re-open. People lost their livelihood.

    Maybe new businesses will open in their place?? IDK. Will happen but who knows when investors and entrepreneurs take that chance again.

    I also think that some of those businesses were already in bad shape and the virus just finished them off. At least a percentage of them.

  14. #14
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    My question is

    Going forward, how many people want to start a business with this new normal of shutting everyone down because of the flu?

    We are fucked!

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    the USA is being dismantled from within. I passed up buying a gym because of Covid lockdown and the tight restrictions on guns in my state. I had a killer deal on a franchise gym until the lockdown killed the industry. There are several major gyms closed forever in my city alone

    We are fucked anyway you slice things, imo, all this was done on purpose, there is no rainbow at the end of the storm. I pray im wrong but it seems to me that the writing is already on the wall.

    draining the swamp is/was all bullshit. There are still no charges against all those lousy liberal politicians, and what about comey and the like when does thierbday of reckoning happen?


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