Wow, calm down mate. I was asked to comment, so I did. And no, my comments are not stupid.
Lots of businesses can survive downturns, but not whose busines models depend almost entirely on overspending on discretionary items by cash-stretched milennials.
For example, my business is so far completely unaffected, and I am actually now winning additional work from organisations that want help weathering the storm. Lots of businesses thrive in all sorts of conditions.