thats fine, but not everybody can just upsticks and move to another country, my other half is not so impressed about doing that and would have to give up her job. Again talk is cheap, it's easy to say you would prefer to relocate if you have a job !
the assumption that every airline will go down this route is a fair one ! However ,when things pick up (and they will) , when airlines are looking for pilots , the ones offering these crap deals will loose pilots and be unable to retain them, these deals will not last for ever, they are here now to take advantage of the sit uation !