Which Companies Will Get Government Bailouts Because Of COVID-19?
If airlines hope to pay their long-term debts, they may need to be recovered by the government.
The U.S. government built a $ 1.5 trillion pump on the U.S. stock exchange to help stock markets crash from the coronavirus pandemic. This is such a huge number that we can’t even imagine how much of us really are. The collapse of the stock markets indicates that many large and small businesses will be severely affected by the outbreak. With everyone staying home to slow down and stop the spread of the virus, travel and tourist businesses clearly have some of the most demanding companies in terms of huge revenue loss. Therefore, most of these companies will take government recovery. Saving the state to huge companies can be a controversial issue for many; especially after the housing market collapsed in the USA in 2008 and immediately after the world recession.
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