No industry seems to suffer more often or for longer stretches than airlines. All too often these crises are of their own making. Deregulation in the United States in 1978 led to an influx of new, lost cost providers that forced the entire industry into unsustainable price competition. More recently, airlines suffered greatly from over [...]
Author Archives: Will Meneray
On The Brink
Even if the Greek situation is under control, which is still highly debatable even in the face of new EU guarantees, Europe as a whole may not yet be out of the woods. There are chronic weaknesses in some of Europe’s largest economies that still put the entire system in jeopardy.
The list remains far [...]
Posted on March 13, 2010 – 3:22 PM
The Scapegoat Among Us
Vengeance is nothing if not thorough. Chairman Ben Bernanke and the U.S. Federal Reserve are the latest targets to come into the cross-hairs of a recession weary congress. Several pieces of legislation are currently working their way through the house, often with bipartisan support, that would look to limit the power and increase [...]