Yes I agree entirely with www, reheat and co there are now too many indicators that there is a down turn. It's the people who have gratuated recently that you have too feel sorry for they have no chance, I am least in a position where I can delay my training for a while, but I fear that we are only at the beginning. Yes anyone would have to go into this with their eyes open and any sensible person would, but I still can't help but think that there is a bit of smugness by some of the posts here especially who have been in the industry for some time.
However there will be lot more casualties if 20% of British airlines fail which is what was predicted the other night, but again maybe just media hype, it seems that the credit crunch is the latest fad in the media industry and I can't help but think that we have being talked into a recession.