Benefits of the coming recession/depression
 

Not many I know, but here come a couple:

1 Shrinkage and improved efficiency of that bloated bureaucracy...the UK C.A.A.

This lot have extracted big sums of money from most of us, either as individuals or company members, yet the quality of service has continued to deteriorate. Time for a change!

2 Security....including the TSA numpties as well as the UK fools working and managing at LGW, MAN, and elsewhere...let's hope their costs prove excessive and a streamlined organisation emerges from the ashes of the overweight and inefficient airport security "industry".

Any other ideas?

Posting in the right section maybe?

You show a touching naivety. CAA costs will have to go up because of Government spending pressures. Security will get an even tighter stranglehold! If you think there are any benefits to people in a recession or burst of inflation, you obviously haven't lived through previous ones!

Article in today's New York Times suggests that as some recent airport infrastructure projects are being completed in the US, combined with the recession and reduced traffic, congestion will ease, and travel conditions can be expected to improve. For what it's worth.

Possibly less holding over Heathrow?

How on earth they are allowed to get away with that I do not know....!

The recession has made jet fuel affordable again. If the world is using 102% of the available crude oil, then the price will rise to kill demand. A 5% drop means there is plenty to go around for a while so the price has halved. major oil wells are getting drier and production is expected to fall so the price will rise again soon. Flying has peaked

Their total establishment is around 1,050

how do they all manage to sqeeze into that tiny belgrano building ?

There will arguably be less pilots and airlines around following the recession but the CAA has a largely fixed cost base. Hence prices will go up to ensure they get the same budgeted revenues. Unfortunately there is little scope for them to go cap in hand to the UK govt and ask for more.

Working at LHR it seems a lot quieter for the last couple of months, this is reflected in the ease of passage around LHR. I accept that not everyone would agree. The last weeks I have spent a few days @ MAN & LGW and those both seemed to be very light with many empty stands for m uch opf the day.

We really must stop the nonsense of this mantra. Oil prices went so stupid because it was being promoted so much that almost everybody started actually believing this nonsense, so $200 prices seemed imminent. Instead we will soon be looking towards 1/4 of that figure.
Let's try and understand, the who Peak Oil garbage relies on some very simple and erroneous assumptions- current processing techniques and current known reserves. The latest big find has been Brazilian off Rio. When the prices increases, oil shale becomes reasonably processable. There is still an immense amount still to be found, probably mostly offshore. Russia is seriously full of the stuff. Don't lose sleep on it!

Looks fairly good on the housing market front. Nice to see all the greedy three house types quaking in thier boots! Funny how there are still lots of people who are so determined to bury thier heads in the sand though and pretend all this is not happening!!

First time buyers will possibly be back in the game come this time next year or ealy 2010! Mortgages are a different matter!

Chances are in 5 years time, you'd never notice the brief blip downward anymore! With the potential of up to 20 million more residents of the UK within the next 30 years or so, already the most denseley populated country in Europe, I assure you the relentless rise of property will resume before this recession is over, and before the first timers can get mortgages (if indeed they still have 2 jobs between them!). And we will all be bemoaning the fact we didn't get in there and buy up what we could when we could!

Believe me, nobody gains in recessions unless they move against the herd, at the right time! Here's one bargain:
Two houses repossessed in millionaires' row Sandbanks | Mail Online