Originally Posted by
coast in
My friend, times are changing. All of Florida has been the recipient of a massive population and wealth transfer over the past decade, more than likely from the northern state you occupy. That trend is only accelrating and I think UAL management, which is the most competent that I've seen in my 30 years, is savy enough to position for that. We sure know DAL has been riding that wave. Not to mention reshoring will probably turbocharge most of the US enconomy starting in 2026.It will most negatively affect the couple hundred generational wealth families in the US that have benefited most in the past 4 decades of outsourcing labor to China, who fly on business jets. The average US traveling family will only benefit from this trend.
As for your post about preparing for 3-4 years of recession. Thats pretty comical. A recession is defined as 2 quarters of negative GDP. One quarter is 3 months in case your unaware. In the modern era (post 1945) the vast majority of recession are 2 or 3 quarters of negative GDP growth.
Sorry, will rephrase. Economic depression, that better? Ever been through a world trade war??
Why would anybody bring any factory to the US with nobody wanting to work thwre and knowing trump is out in 3 years??? Plus costs going up 3 fold on whatever they make. Nobody is going to do that. Wake up.
Good try on the florida comment. Lived there 35 years, recently left. Back about 10 times a year. Lots of friends and family there. Sure they have some tech and medical but tourism is by far and away the bread and butter.. Florida sits about 30th in the US in household income, crushing it!! The yields are LOW, really not that hard to understand. You won't find a single full fare paying first class ticket going there. First is all upgrades.
Florida is one of the first to get crushed in economic downturn, always has been. That isn't going to change.