Jacinda has also created a financial bubble protecting businesses from becoming insolvent until after the lock down, putting greater risk on the creditors.
What can the creditors now do, must they class all protected business as a bad debt?
When the lock down is lifted and insolvency protections are also lifted that's when the bubble bursts and the creditors then make the decision to write off the debts as bad (and put the companies into administration) or work with the companies to trade out of trouble (noting that it may be a long road to trade out of trouble in NZ).
