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I doubt anyone knows the magnitude of the problem, especially on a global scale. I just know from my niche that things looked very bad. I just think it's possible to be a big problem, that's all. Not sure or anything.
Wait a second. The following industries are fucked: hotels, air travel, cruises, restaurants, events, event spaces, brick and mortar retail, and you’re saying that because they only have long-term debt they’re going to muddle through not having any revenues? Never mind their
Suppliers, employees, and landlords? This is likely to go on for months. China is far from back online. It’s very hard for me to see how this does not have massive multiplicative ramifications.
For months, yes they are all fucked. For months though, not years.
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