Comments on: A Permanent Credit Contraction http://dailyreckoning.com/a-permanent-credit-contraction/ Entertaining Ideas on the Economy, Markets, Gold, Oil and Investing Strategies. Sat, 11 Feb 2012 01:59:47 +0000 hourly 1 http://wordpress.org/?v=3.2.1 By: nastaran http://dailyreckoning.com/a-permanent-credit-contraction/#comment-9062 nastaran Sat, 23 May 2009 15:52:02 +0000 http://dailyreckoning.com/?p=15785#comment-9062 hi im nastaran imlone i like you hi im nastaran imlone i like you

]]> By: Timothy http://dailyreckoning.com/a-permanent-credit-contraction/#comment-8590 Timothy Tue, 19 May 2009 20:12:37 +0000 http://dailyreckoning.com/?p=15785#comment-8590 "The airline industry, of course, will be toast inside of five years." Perhaps a bit of elaboration would be helpful here. Why "of course"? Airlines remain by far the fastest means of long-distance travel, whatever the oil price. And why "inside of five years"? Are you referring to US domestic carriers, which admittedly suffer under many burdens, or global aviation, which is not in universal decline? I would be most curious to know your opinions on this sector. “The airline industry, of course, will be toast inside of five years.”

Perhaps a bit of elaboration would be helpful here. Why “of course”? Airlines remain by far the fastest means of long-distance travel, whatever the oil price. And why “inside of five years”? Are you referring to US domestic carriers, which admittedly suffer under many burdens, or global aviation, which is not in universal decline? I would be most curious to know your opinions on this sector.

]]>