Originally Posted by Uninteresting

how about this perspective. the newbies just getting into the industry now will fare far worse than those who went through bankruptcy. the last 20 years, you had the fortune of having low taxes, low costs of college, low interest and mortgage rates, housing prices that appreciated massively (leaving many now looking forever locked out), low heath care costs, low auto costs, a stock market that made your average taxi driver (much less pilot) very wealthy, and a solvent social security which likely won’t exist for those in their 20s and 30s. I’m sure I’ve left out quite a few more. black swans on the horizon? every generation has had them. consider yourself extremely lucky having worked through the last 25 years.