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Old 05-04-2020, 06:42 PM
  #71  
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Originally Posted by Han Solo View Post
I'm not going to read the previous 7 pages of misinformation.

All the well-intentioned replies are on the scale of WAG to WAG. Nobody knows what the future holds, the industry could keep booming for another 30 years or global warming, a nuclear exchange, a meteor/super volcano, financial collapse, computer virus, killer AI robots, terrorist plot, single-pilot/automated planes, or pandemic could paint a very different picture and vastly alter what everyone "knows". Make the best decisions you can for you and your family with the information you have, plan for the future but don't obsess and roll with the punches. As a type A worrier I understand how hard that advice will be to follow, but when I follow my own advice I'm usually a happier person.
just read this from a few days before Flumageddon. Point taken. 🧐
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Old 05-04-2020, 06:54 PM
  #72  
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Originally Posted by Han Solo View Post
I'm not going to read the previous 7 pages of misinformation.

All the well-intentioned replies are on the scale of WAG to WAG. Nobody knows what the future holds, the industry could keep booming for another 30 years or global warming, a nuclear exchange, a meteor/super volcano, financial collapse, computer virus, killer AI robots, terrorist plot, single-pilot/automated planes, or pandemic could paint a very different picture and vastly alter what everyone "knows". Make the best decisions you can for you and your family with the information you have, plan for the future but don't obsess and roll with the punches. As a type A worrier I understand how hard that advice will be to follow, but when I follow my own advice I'm usually a happier person.
You forgot Murder Hornets. It’s the next big scare.

Although they are unable to survive at high altitudes so this may precipitate a huge demand for being in an airplane.
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Old 05-04-2020, 07:01 PM
  #73  
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Originally Posted by climb150 View Post
Economists are predicting a mild recession in 2021-2022. Lasting about 12 months. Just long enough to take the heat out and correct the market prices.

No mass job losses or furloughs just maybe a freeze on recruitment at many firms till the economy starts moving again.

Remember Ebola? Well that was a false alarm. Swine Flu in Europe was another flop. 24 hours news cycles need 24 hours stories and Corona virus is this weeks hot item. Last week was Iran and before that Prince Harry. Its all c@ap!!

When you think you know it all!
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Old 05-04-2020, 07:16 PM
  #74  
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Originally Posted by Purpleanga View Post
When you think you know it all!
Sooooooo Right, most long-timers know this industry is unpredictable (I learned and watched them) and those who thought it will be raining green forever - well history has repeated itself and worse than most for the time being. Time will tell. Hopefully it musters back quicker than whatever multi year projections there are, but for the time being (x2) there shouldn’t be any more Thread Starter questions like this for quite awhile. But I’ve been wrong before, hence we never learn.
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Old 05-04-2020, 08:05 PM
  #75  
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Just go back and read post #3 and you’re good.
Originally Posted by Han Solo View Post
I'm not going to read the previous 7 pages of misinformation.

All the well-intentioned replies are on the scale of WAG to WAG. Nobody knows what the future holds, the industry could keep booming for another 30 years or global warming, a nuclear exchange, a meteor/super volcano, financial collapse, computer virus, killer AI robots, terrorist plot, single-pilot/automated planes, or pandemic could paint a very different picture and vastly alter what everyone "knows". Make the best decisions you can for you and your family with the information you have, plan for the future but don't obsess and roll with the punches. As a type A worrier I understand how hard that advice will be to follow, but when I follow my own advice I'm usually a happier person.
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Old 05-04-2020, 10:51 PM
  #76  
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Originally Posted by ZeroTT View Post
The case fatality rate WITH FULL MEDICAL CARE for coronavirus is 2%. There are only so many ventilators and people who know how to work them. If 10% of nyc needs a ventilator at once, then about 9.9% of nyc is going to die.

this definitely has the potential to be quite disruptive medically, saying nothing of the economics
Amazing -- you posted this the day before the S&P hit a high that will likely endure for a decade. I remember reading this actual post while on vacation in Vietnam, where nobody seemed particularly troubled about the 'rona, and I actually remember thinking ' this guy is nuts.'

I hereby retract that thought!!
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Old 05-05-2020, 03:29 PM
  #77  
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10% of NYC needing a ventilator, just step away from the keyboard.
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Old 05-07-2020, 03:16 PM
  #78  
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Originally Posted by rld1k View Post
10% of NYC needing a ventilator, just step away from the keyboard.
This guys reads the tea leaves better than 80% of us here and you have the gall to show up 3 months later and monday quarterback him? Wow. Coward much?
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Old 05-10-2020, 03:04 AM
  #79  
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Originally Posted by Duckdude View Post
Maybe now, if the corona virus tanks the economy.
Wow. Hell of a prediction on 2/9/20. Things were booming then other than suspending some China flights.
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Old 05-10-2020, 04:21 AM
  #80  
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Originally Posted by hockeypilot44 View Post
Wow. Hell of a prediction on 2/9/20. Things were booming then other than suspending some China flights.
I sure wish I had been wrong.
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