After a couple of weeks of trying to determine who will be hit hardest by the beer flu, I now feel that Hawai’i is beyond f*cked.
Having been to Hawai’i numerous times, I cannot imagine how Hawai’i recovers. There are virtually no flights going to Hawaii, Hawaiian Airlines is all but grounded, 80-90% of their economy is tourism related, hotels are <10% occupancy, the overwhelming majority of their restaurants cater to tourists, their stadium parking lots are is a graveyard for rental cars that nobody is renting, and estimate the number of “essential businesses” on the islands to be in the single digits.
I believe this, in many ways, is welcoming to the locals. Tourists for years have continued to desecrate the islands, and with the ongoing battle regarding Mauna Kea, for many, less people coming to Hawai’i, the better. Unfortunately, I estimate people in Hawai’i live paycheck to paycheck more than anywhere else in America. With tourism at a standstill for the foreseeable future, and an economy that will take years for them to recover, the number of pregnancies, addictions, and homeless will skyrocket. Also set to skyrocket will be the number of defaults on credit cards, loans, and mortgages.
TL:DR- Hawai’i is shut down and in all likelihood f*cked beyond repair.
Disclaimer: This information is only for educational purposes. Do not make any investment decisions based on the information in this article. Do you own due diligence.