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Give your opinion on the following statement with logical reasons - With a 5 points pandemic temporarily closing many businesses and stifling consumer demand, whole

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Give your opinion on the following statement with logical reasons - With a 5 points pandemic temporarily closing many businesses and stifling consumer demand, whole industries, especially those that recently leveraged their balance sheets to take advantage of near-zero interest rates, are seeing their profits disappear virtually overnight, leaving too little cash flow to cover debt payments owed to creditors. There is an expected explosion in bankruptcy proceedings over the coming months could overwhelm the courts, says Stuart Gilson.Briefly but concisely

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