dave gilbertson is vice president says we're going to see a long, slow bleed out of kpae companies going out of business. it will take 18 months for it to play out he lends to small and medium size businesses says flows are off 70 to 80%. you're not seeing capital coming into the sector. 59% of businesses that shutdown in the pandemic have closed permanently. that percentage is rising. >> so, stooefr, how does this, these facts, how does this ripped through the economy what are the economic imp implications if so many of these small businesses do stay shut. >> i think the biggest impact probably unploim bigger companies may be taking this business away from smaller businesses they'll do the job with fewer employees. that's one aspect of it. these small businesses become the big businesses they are the short term impacts. a longer term impact that shoes up and potential growth. >> i don't know about your town but i know about mine which is reasonably prosperous town in northern new jersey. as i drove this morning down the main drag in my town, the number of properties that were for rent o