He is a finance guy so he looks at it from that understanding- in essence it’s all about ability to fund against the lease. If they can they can survive - it’s still a miserable outlook - but they will survive
They will stay if they can get the refinancing done as that money effectively will secure the whole business as a going concern for the term of the funding
Its not the point - wages keeping up with inflation perpetuates inflation which leads to bankruptcy widespread job losses interest rate hikes and crashing property values