I promise Wannabes on pain of eating my Kangaroo skin hat with salt and pepper that in 2009 several significant EU airlines will go bust. By several I mean >10 and by significant I mean having more than >30 jets.
That alone will put 1,000's of unemployed pilots onto a stagnant market. Rush to join them at your peril.
WWW
ps People said I was doom mongering armchair economist 18 months ago when I said a house price crash was going to happen. 12 months ago when I promised them a large recession was afoot I was castigated. Of course this time I could be wrong.