I’m pretty sure most of the over 55 demographic the Cruise Ships depend on are NOT “petrified” (otherwise many wouldn’t still be smoking, drinking, and/or obese) , nor have they lost “a significant amount of their disposable income”. Most all own their homes and real estate free and clear, have significant funds in CDs and/or cash. Although many have SEPS and investments in the Stock Market, there was ample time to have sold in a timely manner, and have already bought low, and have already made considerable profits. For example 3M alone has moved down and up $15.00 a.share. Then there’s those sweet pensions. I’m very optimistic about the whole thing, but then again I don’t watch the MSM media, who seems to work for China.
In summary: those who cruise know they have more money than time. Isn’t that why you bought a boat? Perhaps you should had bought faster ones?