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Have you ever watched someone make questionable spending decisions? That's usually ok if they are the only people who are affected, but what if someone else's life is impacted by poor spending decisions? This is the story of a potential big financial hangover for a family that spent like a sailor on leave.
When COVID hit, many business journalists chronicled the outsized impact it had on the Cruise Industry. What many of them missed was the opportunity cost, not for cruising profits, but for a whole new industry who’s start was now delayed for years if not decades.