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Old 08-06-2019, 10:46 AM
  #35  
dera
In a land of unicorns
 
Joined APC: Apr 2014
Position: Whale FO
Posts: 6,480
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Originally Posted by domino View Post
Do your own research on that. This recession will be different. All the tools that were used last time round are pretty much unavailable and can’t be used to soften the blows of the coming recession. And now with China devaluing their currency, it will lead to competitive devaluations amongst world governments to try and keep their goods cheaper. We are in uncharted waters. This next recession will be one for the books and no airlines will get away unscathed. Some will fail. None will grow. Tick tock, tick tock...
"Now"? Like what they have been doing for 20 years you mean.
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