ACL65PILOT
Well-known member
- Joined
- Dec 6, 2006
- Posts
- 4,621
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I disagree: Airlines have NOT been through anything like this before. Airlines have already has their respective poopers worn completely out with high oil, now they are about to get slammed by frzen credit markets. Any airline that files BK will liquidate-and fast!
To be clear: The market has lost @50% of its value. This hurts everyone. I am not a big enough idiot to cash out. I am personally dumping just as much in to retirement as always. The point is: the rich are as affected as the poor if not more so.
Which leads me to the following conclusion: The fractionals are going to get completely hammered. Everyone has always assumed NJA is invincible-they are not. Many of the "rich" own small businesses-which are now unable to get short-term credit. Many of these business will fail, and many of their owners will not be "rich" long.
I believe NJA is stronger than the others, but I think fractionals are going to have a very hard time, very soon. The markets get smacked down, and your 10 mil has suddenly turned to 2 mil-you ain't thinking about going to Acapulco for a couple of days-you are thinking about cashing the hell out of NJA.
I do agree that others are in weaker positions, but I would not want to be at the bottom of any frac list right now.
If you think our entire economy is based on the stock market, and what it does each day, then you may be the 'tard in the room.
Europe is in the suck just as deep-everyone is in for some suck, and when this socialist fool gets into office, you will find out just how bad things can get.
Your the biggest tard ever.
Speaks for itself.Our biggest oil field is in our drive way! Average mpg is 22 in the USA in the UK it is 52 mpg........We need a gas tax on automotive gas this will keep demand down and prices low for aviation fuel....
Speaks for itself.
Nothing is wrong with it, just expecting it to happen with one person or another is.
I think that this country as a whole, republicans included have come to a realization that we as a whole need to change our ways.
No lets stop the political stuff.