Thursday, September 15, 2005

The Long Emergency Begins

People obsessed with Britney Spears sprog and the lastest in the Paris Hilton hacker debacle obviously didn't notice that 2 major US airlines hit the wall this week. Two weeks after the US's all time biggest natural disaster the timing is ironic if not uncanny.

Hilariously TIME magazine reports "bankruptcy is not the end", ha, like death is not the end.

It seems like the only honest reports of these bankruptcies are coming from this side of the world. The US blinkered by NASCAR and the latest barbie doll drama are in total denial.

This is simply a correction based on the increasing scarcity of oil. More airlines will follow, and the next in line will be major megamarket stores.

No comments: