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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: elmatador who wrote (25838)	11/30/2002 10:52:14 PM
From: TobagoJack	Respond to of 74559

Hi elmat, <<Deflating salaries of the flight attendants>> fractal scaled up, will happen straight across the swath of all economies, due to over-capacity, and cannot be made more digestable by still more fiat money or govt prop-up, and yet will be tried, dooming the obedient savers to wealth purgatory and retirement hell, all in thanks to Greenskaput. The masses like to believe that debt restructuring and corporate reorganization will save UAL and the airline industry, but that will not happen, because a propped-up UAL will simply bring other airlines down, unless UAL gets out of the airline business and destroy all its planes before doing so. Economics is hard. Central bank is soggy. Chugs, Jay