Further explanation here
https://www.pentaxforums.com/forums/739434-post10.html
C'mon, people, everything is mucked up. Nobody can get capital for anything, even ridiculously sound companies like Hoya. They've all reduced their inventories and cut manufacturing to the bone. That's why US unemployment is 9.7%.
Of course, as soon as they figure out that people want to buy things that aren't in the stores they'll start asking for production loans; and banks will lend; and at first the remaining people will just make more stuff (happening right now - productivity/profit increases dramatically); then they'll re-hire, putting money in more peoples' jeans, who will have pent-up demand to buy stuff, which begets hiring, which begets cash in the jeans, which begets . . . . .
Well, you get the picture.