Good point.
The richies are going to get away with it, the others will go broke.
Story of human life.
Banks will lend for as long as there is a lucrative market.
That market ceased to exist 2 years ago now and what has been a safe and lucrative business has become very risky and time-consuming.
I got out of flight training (thank god, modular) at the right time and way before the point of no return, without any loans or debt. I' m enjoying my PPL every now and then and am looking at a job in flight ops.
I will be watching the upcoming bloodbath from the sidelines
