Yep. When (not if) this massive money printing fiat Keynesian bubble economy experiment fails it will be the biggest global mega-depression (in the form of long term stagflation, not anything Mad Max, etc) ever seen on a long term basis and China will be the hardest hit by far. This little fake stock rally built on the booby trap foundation of debt/stimulus and liquidity by edict is a great time to bail out of the market before all this fake wealth goes to "money heaven". There may be a little more upside before the fall, but realistically this is a good floor to get off on.

As for DL, we need to be able to compete and win. Everyone, not just "HVC's". We need to win coach pax and even belly cargo to survive the new economic reality that's coming. We need to take back control of our brand and wind down these inflexible long term outsourcing contracts and start insourcing. If we start it now and do it right, we might be able to avoid furloughs and maybe hire even as we shrink (and we will shrink...the entire industry will for a while before it grows again) and do so with a respectable contract of SWA plus reasonable premiums including scope. Our brand just may depend on it.