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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory

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To: russwinter who wrote (37)6/15/2003 8:23:59 PM
From: Ramsey Su  Read Replies (3) of 110194
 
russwinter,

I wonder if the numbers are still correct. All the major airlines just completed labor contracts in order to come out of, or avoid, bankruptcy. I seem to remember the CWA reached some agreements not too long ago. The auto industry is obviously the biggie.

In addition, I wonder if the public employees associations are going to be screaming bloody murder soon with all state budget problems.

Then again, "they" tell me that 2h recovery is certain. I am just too stupid to understand this new concept called "jobless recovery"?

Ramsey
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