FWIW, back in 2009-2010, everybody was saying that by 2012, there would be a pilot shortage. Well we're almost half way through the year and I don't see any signs of a "shortage".

I wonder what this thread is going to look like in 3 years when we look back at it. Is poster embraer going to to be hailed as a prophet, or ridiculed as a fool? Time will tell.