Quit Your Jibba Jabba, Fool! As Mr T might say.
My position is clear. The Authorities have made bankruptcy painless and easy. The Financial Service industry have made borrowing £50k for a 22 yr old laughably easy.
The two simply mean that many Wannabes will make the logical decision to follow a planned bankrupcy route. It has been achieved already several times and is being pursued by many.
This means for Joe 'Honest' Wannabe he is now up against people who have free CPL/IRs and can afford a £20k type rating with ease - thus jumping ahead.
So if you chose to be moral and upright you will be crushed in the stampede and left behind to repay your debts whilst never being able to get an airline job because you cannot afford the type rating expense... catch 22.
Vicious nasty greedy dishonest dog-eat-dog world we live in YES. Ability to change it.. NO.
Cheers
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