Originally Posted by
exfocx
I don't know what he's basing his numbers on either, but I think your view of the economy is bloody naive. CV19 was just the straw that broke the camels back, debt hasn't gone down, but risen massively since the GFC, which was a rise from the late 80s to early 90s, and so on. If it wasn't CV19 it would have been something else, the economy has been stretched to buggery because of debt levels so there was no room to move.
That there will be a correction on the level of air travel, I think, is a no brainer.
Something to read:
https://www.macrobusiness.com.au/202...t-and-history/
I've read that before and I follow Dalio on social media. My point stands that trying to predict how aviation and the economy will look 15 years out is nonsensical.