cocknbull
Well-known member
- Joined
- Jul 25, 2002
- Posts
- 350
I have been hearing alot of people talking "bit-hing" about how more furloughs will come and how the industry will loose more money when we go and take care of Saddam.
I myself take a different opinion on this. A war with Iraq will be short. So for maybe two weeks the stock market will tank. But once we are in control of the country it will be a much different story. The benifits will outway the negatives and any furloughs that take place will happen as a result of a failed business plans not war. Infact after the short war the industry will be better off. History has shown that post war the economy rebounds. The early 90's were different since the economy had to shift from a cold war defense economy to civilian economy. We should also expect a dramatic change in oil prices which should help the industry.
I don't think its fair to blame an event that hasn't happened yet on a war that may in fact have a positive influence on the industry.
I myself take a different opinion on this. A war with Iraq will be short. So for maybe two weeks the stock market will tank. But once we are in control of the country it will be a much different story. The benifits will outway the negatives and any furloughs that take place will happen as a result of a failed business plans not war. Infact after the short war the industry will be better off. History has shown that post war the economy rebounds. The early 90's were different since the economy had to shift from a cold war defense economy to civilian economy. We should also expect a dramatic change in oil prices which should help the industry.
I don't think its fair to blame an event that hasn't happened yet on a war that may in fact have a positive influence on the industry.