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I thought this is what happened during covid already. We wiped out a large number of small businesses.

Small businesses die and start all the time.

It's unsurprising that more of them would die during a massive recession and a global pandemic.

Those numbers are meaningless without a similar count of small businesses opening.

I gather you haven't started your own business, or did yours start and die repeatedly?

People die all the time, and every year, more people are dying than any prior year in history.

Without context for how many people are born every year, one might read that and conclude that we're about to all die out.