PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 24th July 2008 | 14:02
  #105 (permalink)  
Wee Weasley Welshman
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Joined: Feb 2000
: ATPL
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From: England
UK retail sales figures out today for June are the worst ever recorded.

US house prices are falling harder than in the Great Depression.

Oil is nearly twice what it was a year ago.

Stock markets are in Bear Markets.

Unemployment is rocketing.

I could go tediously on. We have a house price crash. We have a recession. We will therefore have a number of airline busts come Autumn/Winter and for Wannabes this will be a dire crisis far deeper than the Sept11th 2001 event.

That's in stone.

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