PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 18th Oct 2008, 11:49
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boeing320
 
Join Date: Apr 2008
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chickentikamasala, you cant seriously blame Mrs T and the conservatives for the huge credit bubble and bust. the obscene increase in cheap money and lax financial regulation happened on labour's eleven and half year watch - period. it felt good at the time, so everyone kept voting for them, that was their concern after their miserable fortunes in the 70s and 80s.

browns claims of financial prudence and abolishing boom and bust were always ropey, now they're a bad joke.

it'll be interesting to see what happens to pilots prospects over the next couple of years - wanabee numbers will reduce due to lack of credit, general pessimism etc, so the supply will reduce. but, airlines will go bust or shrink or merge, maybe big ones. the companies i would not want to invest in right now are the big fight schools...
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