41% Of Businesses On Yelp Have Permanently Closed As V-Shaped Recovery Implodes
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41% Of Businesses On Yelp Have Permanently Closed As V-Shaped Recovery Implodes 

Tyler Durden

Sun, 06/28/2020 - 19:00

President Trump's economic COVID-19 response, through massive fiscal and monetary stimuli, was expected to generate a V-shaped recovery ahead of the elections. We noted, all along, there was never a snowball's chance in hell that economic growth would revert to 2019 levels later this year; nevertheless, the labor market would fully recover. 

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