That leads to more social instability and a huge collapse in consumer demand. Even those who have jobs start to hold back on spending. He is waiting for the dust to settle. We've reached a point in Indonesia where forecasting has lost its relevance. There is blood in the streets, banks are closed, those that are open are virtually bankrupt and unable to lend or do normal business.
Companies are broke, they have no working capital, no raw materials.
Transportation has ground to a halt. The country is virtually at a standstill. Now there is hardly any business. It's nightmarish for retailers. And it will get worse.