Yelp Reveals 60% Of Business Closures Are Now Permanent

97,966 of 163,735 business on Yelp that have closed during the lunatic #lockdown are closed for good. 60% of business closures tracked by Yelp are PERMANENT. Many are recent closures due to drop offs in consumer spending thanks to the Congressionally induced demand shock from the #FPUC stipend expiring. The "recovery" is a dead cat bounce and nothing more. Government diktats did all of this. https://www.zerohedge.com/markets/yelp-reveals-60-businesses-closures-are-now-permanent #news #economy #jobs