Hello all,
Im not really the negative type, and Im actually beginning my PPL in two weeks time. However, I do agree that things are REALLY bad now. We are facing a time, where many airlines will loose money if the banks in which they have their money in go bust!!!! If this doesnt settle down SOON, I think we will see a day where employers will not be able to pay employees! We are *&^%$% to say the least. On the other hand, the world is much different today than it was in 1929... and all companies today are goal oriented in terms of making money. This will bounce back faster than 1929 and when it does we will see a boom again (just my personal opinion). A small example of this I think is what happened after 9/11. The worst days for the airline industry and then it came back stronger than ever.
Just my two cents.
SVoa