PLEASE BE CAREFuL!
WWW, you are right. I too saw the dotcom, property and credit bubbles coming, and am doing ok, thankfully. For what it's worth, I and most financial pundits believe things are going to get very much worse before they get better. Particularly in the USA and the UK. The impact on commercial aviation will be severe.
Young (or not-so-young) would-be pilots who have not yet committed funds....please WAIT! Your time will come. I have no vested inteest in writing this, and will retire in 3-4 years, hopefully to make room for a newbie. For now, those of us at the sharp end are all hanging onto our jobs.