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Old 29th Apr 2020, 11:12
  #568 (permalink)  
kcockayne
 
Join Date: Oct 2006
Location: jersey
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Originally Posted by LGS6753
Surely you don't want to go back to a situation where politicians run airlines, bad decisions proliferate, innovation stops, fares rise and inefficiencies abound. Because that's what nationalisation means in practice.
Maybe so, but who knows how this will play out ? A protracted emergency (such as is now happening) will most likely result in Governments being the only ones able to generate the necessary funds to keep airlines functioning. There again, how long can these governments keep throwing money in all these different directions ? Where are they going to get money from in order to pay it out? Simply printing it, in the end ! Where will that lead - massive inflation as in pre war Germany ? These are extremely worrying times & I am hugely worried about the whole structure of society. The danger of this virus lies not in the medical side but, through its effects on the economy, on the basic infrastructure of our lives. Just pray(& I am not religious) for some respite - & pretty soon !
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