Economy 2.0
#63
Gets Weekends Off
Joined: Jan 2023
Posts: 3,252
Likes: 628
Christine Lagarde is ready to talk, she said so Friday. Her statement is readily available. Let you fingers do the walking.
#64
Line Holder
Joined: Sep 2023
Posts: 319
Likes: 55
From: Former Hooterville
That being said:
The country added jobs
50 countries have asked for expedited tariff negotiations
Domestic demand (except DCA) is still quite high, most foreigners don’t fly our metal anyways. It’s easier to just send pax to AMS and let them take care of the balance.
There is still a plane shortage, parking 757s would just mean furloughing and having to retrain at a later date. It would reduce substantial lift and KILL a quick recovery when this thing flashes over.
Furloughs and displacements can take 9 months, recovery takes 18 months. We are retiring 500 a year, that’s 1500 over the same time period.
Our fleet mix doesn’t make MDs efficient. We have the most diverse fleet.
How long can other countries hang onto tariffs vs the USA? Here is a hint. How many countries have trade ports on both coasts, two major oceans, a rail and highways system, colleges, energy, metals, skilled labor, education opportunities, clean air, clean water, food and an undefeated Navy to protect all that and enforce trade on the open seas? You know the answer. Trust me, most of these countries are screaming behind closed doors trying to asses how long they can economically hang on and how to exit this dilemma while saving their political butts.
My .02, you’ll be ok. You could end up stuck for a while, but not 99% system seniority for half a decade.
I think you are good to go.
Now if nukes go off in Iran and NK, AND China goes after Taiwan AND the US steps in AND Russia decides to slaughter themselves in Poland, you might end up flying CRAF as half your classmates and everyone retired with the past five years will get recalled.
#65
Line Holder
Joined: Jul 2022
Posts: 1,546
Likes: 101
From: 787 FO
Did your critical thinking include when those jobs were added in relation to the start of tariffs and federal layoffs?
#66
Line Holder
Joined: Jul 2023
Posts: 625
Likes: 154
They have, we told the world no longer will they be allowed to have unfettered access to our economy where they on the other hand restrict our goods from theirs. This game has played itself out. I welcome the change. Wasn't long ago (circa 1996, 2008) many where calling for what was just implemented. You'd be surprised at some of the names.
So far over 100 nations have come back to make deals with us, great! Trade is good, fair trade even better. It was time for a reset and Im glad we finally hit that button.
So far over 100 nations have come back to make deals with us, great! Trade is good, fair trade even better. It was time for a reset and Im glad we finally hit that button.
6 months ago it was a different story.
At least be consistent (royal you, I have no idea what you're story is)
#67
Line Holder
Joined: Jul 2023
Posts: 625
Likes: 154
It's a major difference between you (and yours) and me.
#69
Line Holder
Joined: Sep 2023
Posts: 319
Likes: 55
From: Former Hooterville
What direction can the market move when people start piling in at 5000? Sure the hedges finally made money on a short position, but they’ll be the ones buying at the top after retail, State Street, Blackrock and Vanguard kick it back up to 6000.
DYODD
I’m actually considering leverage if we go below 5000. Buy wonderful companies at a discount.
#70
Their military contributions to Gulf War I and Gulf War II were considerably less enthusiastic.
"What have you done for me lately?" isn't kind, but it's not unfair to say that the miltary alliance of the US and Canada (visa va the former British Empire/Commonwealth), under whatever rubric/treaty/understanding you'd care to mention, definitely would suggest that the US does the heavy lifting. Rightly or wrongly.
It's not 1945, of course. But modern Canada is richer and has more men (3x more +) and GDP (12x more) to feed into the meat grinder in 2025 vs 1945; it chooses not to.
It's not unfair to notice it.
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