Oh I agree with that statement, the original comment just needs to be narrowed down. Nobody’s city was destroyed. Some people had their business properties destroyed, but I imagine most of the shops that were broken or burned had some sort of insurance, and most of them avoided bankruptcy.
I do feel bad for anyone whose livelihood was affected by that, though. I think a lot of the rioters’ anger was misplaced. I especially feel bad for any of smaller businesses that were affected. Walmart and Target can handle all of their stores being burned, but your local mom and pop shop might not bounce back from that.