Airlines will be laying off thousands as they can't support the industry without billions in subsidies each year.
Coming soon to an airport near you. And you mean tens of thousands.
Malls will become empty wasteland used by homeless for shelters.
More likely many will be repurposed for office space, distribution centers, or high density housing. This is already happening to older malls and big box anchor stores. Internet shopping was killing them before the pandemic.
Oil companies will lay off thousands as travel is reduced and dividends can no longer be sustained. They are now the new tobacco stocks.
Actually, global oil demand is currently down about 10% from 2019.
www.eia.gov
In the US, Exxon is suffering because multiple CEOs made bets on investing in new oil discovery, running up debt. The fracking industry was financed heavily on debt, and their breakeven point was assuming higher oil prices than could be realized in the market, so fracking is way down for a while. I'm not sure they're the new tobacco stocks, because there's no comparison on market values, the current supply glut stems from the lockdowns, and it's not clear what happens in 2021-2022. Overall, I think you're (as usual) over-simplifying a complex situation.
US unemployment will continue to grow and US explosion in debt will begin to have an impact on the economy and the dollar.
Ok, now we get to the guts of your paranoia. Actually, the US unemployment rate fell to 8.4% in August. Of course, that doesn't tell the whole story, because the labor participation rate is the lowest in years. Overall, your doomsday scenario does not appear to be playing out, unless you work in the hospitality industry.
Shortages in all sorts of products will begin to grow exponentially as the China US relationship deteriorates even more. Govt tariffs will kill or relocate entire industries.
Shortages will grow exponentially? Is this just your emotional prediction, or do you have evidence to back this up? Tariffs don't kill industries, they just raise consumer prices.
Retired American's will see their resources shrink as zero is paid on their savings accounts while inflation charges ahead and equity markets stall.
Where do you come up with this crap? I don't know where you save, but on my high interest savings accounts the rates are now undergoing a fall to 0.6%. Not that it was ever a good idea to live on interest, but 0.6% is already only a return of $6000/year per million dollars saved. Low rates prop up the equity markets because funds move out of savings accounts, and cash on hand is at record highs.
As for inflation, don't you ever read the news? The Federal Reserve is predicting that we are at risk of not hitting the inflation target of 2% annually, and projects interest rates to remain steady through 2022:
Federal Reserve officials on Wednesday doubled down on efforts to convince investors they will keep monetary policy easy for years to allow unemployment to fall, emphasizing that interest rates will stay near zero until inflation gets to 2% and stays there.
www.reuters.com
America's economic slowdown will create a recession around the world as the US consumer slows.
I predict that people who have a bunker mentality are likely to experience far below average investment returns as they miss out on the anticipated recoveries as vaccines reduce infection rates, or the world learns better to live with the virus.
Interesting times... we have a lot to look forward to. Get your new receiver and speakers while you can. lol
Yeah, LOL. Save your money for that bunker you're always wanted. Stock up on ammo too. One in three Americans think a civil war is on the horizon. Costco sells emergency food kits. Please buy some so my investment goes up:
emergency-kits-supplies.html