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Shopping and tourism: Is xenophobia the biggest risk?

Unlike local consumers, many shopping centres would love for tourists to come back. Image: Bigstock
The late American economist, John Kenneth Galbraith, was well-known both for his wit and his disdain for economic forecasts. When it comes to predicting the future, he once said, there are two kinds of forecasters, “those who don’t know, and those who don’t know they don’t know.” Heading into the third quarter of 2020, the world is awash with forecasters from both camps, astounding when you consider the unprecedented nature of the times (some crystal balls just never fog up, apparently