No one has said anyone is “too stupid to understand what’s happening”. But I seem to see a whole lot of “hopium” being espoused on the line. IATA just revised its forecasted recovery for 2020 to 13% above 2020 levels rather than the 50% it prognosticated prior. Things are literally going from bad to worse as there are now more travel restrictions than there were in 2020. We’ll see some kind of recovery domestically by summer 2022 is my guess. Internationally who knows... 2024? 25? Countries will be in various stages of fighting the virus for a few years and there won’t be much uniformity in the government response to it.

When the government money runs out (and it will) then look out. Shake ups coming.