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Originally Posted by Tjeff
(Post 3310328)
At AA if you’re hired on the young side you’re looking at 20 years WB CA, 30 NB CA, most of those years with good seniority.
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Originally Posted by Tjeff
(Post 3310328)
At AA if you’re hired on the young side you’re looking at 20 years WB CA, 30 NB CA, most of those years with good seniority.
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Originally Posted by tnkrdrvr
(Post 3310338)
For you and everyone else focused on how great it has to be, look back at threads from 2019, than read threads from 2020. You need to be emotionally/financially prepared for the unexpected shocks to the system. Additionally, airline management across the industry will be looking for ways to increase pilot supply and decrease demand. I can’t predict exactly how it will work out, but the rosy forecasts are likely wrong. Today’s too big to fail is tomorrow’s Lehman Bros.
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Originally Posted by Excargodog
(Post 3310339)
Anybody that doesn’t think we are looking at serious inflation and quite possibly stagflation isn’t paying attention.
Yes, there are problems right now. Everyone sees them. Some may impact the industry. Some are actually helping the industry right now, and we will need to see how this all plays out. To pretend that anyone knows how this is going to change aviation is laughable. |
Inflation is already here. The only two questions are whether it becomes stagflation and also whether it also turns into hyperinflation
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Originally Posted by SonicFlyer
(Post 3310520)
Inflation is already here. The only two questions are whether it becomes stagflation and also whether it also turns into hyperinflation
US hyperinflation would mean a global economic collapse in a scale never experienced in history. |
Originally Posted by dera
(Post 3310544)
Hyperinflation? Seriously, put down the crack pipe. You really think you will see 50-100% inflation rates?
US hyperinflation would mean a global economic collapse in a scale never experienced in history. |
Originally Posted by dera
(Post 3310544)
Hyperinflation? Seriously, put down the crack pipe. You really think you will see 50-100% inflation rates?
US hyperinflation would mean a global economic collapse in a scale never experienced in history. |
Originally Posted by SonicFlyer
(Post 3310590)
You realize that 40% of dollars in existence were printed in the last year, right?
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Originally Posted by SonicFlyer
(Post 3310590)
You realize that 40% of dollars in existence were printed in the last year, right?
Most of those extra government payments went to savings or paying down personal debt. They did not go to extra spending. My investment management firm presented clear graphs that show this. (Unfortunately I am not permitted to reproduce them here.) |
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