B25 wrote:Londonrake wrote:You forgot to mention the couple of million jobs lost in the process.
Sorry this is just a poor argument, we had this and worse in 2013 world financial crash, the world soon picked up, jobs created, business restarted etc etc. The way you guys are making out we are at the end of the world ffs.
Well, obviously I hope you're right. Although, I wasn't really arguing.
Nobody's suggesting that it's "The end of the world" but there's been a lot of news recently to support the view that the aftermath's going to be pretty bad.
I know the aviation industry is particularly hard hit but just this week we hear from BA that they're laying off a quarter of their workforce - 12000 - whilst talking about pulling out of Gatwick all together. Ryanair are sacking 3000. Other airlines are sure to go under completely. Not good news to the likes of Paphitis I imagine.
You mention 2013, because of the crisis here in Cyprus I imagine. However, it wasn't a global event (unlike 2008) so, although painful here, not really comparable
https://www.theguardian.com/world/2020/ ... king-hourshttps://www.telegraph.co.uk/business/20 ... k-despite/https://www.aa.com.tr/en/economy/un-bod ... 19/1771040https://www.cnbc.com/2020/03/30/coronav ... -says.htmlThere's lots of this sort of stuff. Take your pick. I'm not sure why you feel it's a *poor argument".