I agree with JB007 and WWW.
I got an email from an asian company telling me, until end 2008, they are full of 3000h pilots(for an A320 position).
Got an email from DHL telling me they got lot of applicants and they wish me good luck.
Then Rishworth telling us, they have received lot of emails for a job in Asia.
Then I 've applied in person in 3-4 different companies,gave my CV, they didn't show any interest, and still no answer.
so do yourself a favor, don't borrow money if you can not afford it!
(and forget these line trainings where you have to pay, these line trainings show us how bad the situation is).
if Alitalia go bust, you can say bye bye to your career!