JcPenny and Hertz are the fake "big companies". Jeff Bezos will certainly not be the first trillionaire, just the first on paper.
Businesses that win out in any situation (wars, economic depressions, etc.) are the businesses that are actually essential and will remain untouched until there is a new system. That would be centralized banking and all of the corporations that central bankers own or have influence over=the mainstream media and silicon valley.
Businesses that win out in any situation (wars, economic depressions, etc.) are the businesses that are actually essential and will remain untouched until there is a new system. That would be centralized banking and all of the corporations that central bankers own or have influence over=the mainstream media and silicon valley.
.... JcPenny and Hertz are 'fake big companies' ugh?
Hertz - 30,000 locations (obviously small places, as you don't need much to rent cars out of) and 38,000 employees
JcPenny - 1100 department stores and 95,000 employees
I wouldn't consider these small-medium size companies by any stretch of the imagination. And yes, while these companies weren't destroyed solely by the Coronavirus, it truly did put the last nail in the coffin for these companies.
Will they maybe come out of bankruptcy protection with the ability to survive? Maybe. But they still are in such a bad financial situation right now that they need protections right now to try to get out of this mess that they're in.
Yeah.