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Old 07-04-2018 | 05:21 PM
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Originally Posted by Sun Tzu
I'm sure a lot of jetblue pilots find the socioeconomic situation of an island in the Mediterranean very relevant in their yes-or-no decision.

Everything is connected. One grain of sand in Egypt affects things here in the USA. Right now the economy is strong and is getting stronger now that economic inequalities are being fixed. This means that we're in a record place of negotiation leverage after the slump caused by leftism influencing American politics. If the country goes back to the left, balance sheets will suffer and the economy will hide its money again and we will lose economic leverage. What happened in Cyprus is just one example of what could happen in a few years (in fact, business journals were speculating about it happening in the USA at the time!), leaving us with only a shadow of the bargaining leverage that we have now. It's a fact that airlines are making record profits, alongside record numbers of people traveling. If we don't capitalize now to get a good contract, we'll be stuck with an inferior contract for a looonnngggg time. TA 2.0



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