Surplus lines for April at United
03-08-2020, 07:47 PM
#71
Banned
Joined APC: Feb 2011
Position: 756 Left Side
Posts: 1,629
If it were not for our cash being debt, United Airlines would be prime for a takeover.
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow.
And the games begin, hold on to your seats....
If the Summer Olympics get cancelled it's game over for us...
Fly Safe
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow.
And the games begin, hold on to your seats....
If the Summer Olympics get cancelled it's game over for us...
Fly Safe
The FEAR is strong in this one....
FS, FP & FtC
Motch
03-08-2020, 07:56 PM
#72
Gets Weekends Off
Joined APC: Dec 2007
Posts: 667
If it were not for our cash being debt, United Airlines would be prime for a takeover.
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow.
And the games begin, hold on to your seats....
If the Summer Olympics get cancelled it's game over for us...
Fly Safe
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow.
And the games begin, hold on to your seats....
If the Summer Olympics get cancelled it's game over for us...
Fly Safe
03-08-2020, 08:00 PM
#73
Banned
Joined APC: May 2014
Position: Tom’s Whipping boy.
Posts: 1,182
My stock market crystal ball is broke, but I can watch the commodities market. WTI is at 28 dollars right now. Opec talks failed and Saudis walked out and have started a price war. Russia has responded by saying they would open the spigots. Goldman Sachs is saying WTI could be near $20 dollars very soon.
At the risk of sounding alarmist, 20 dollar oil is a major destabilizing event. There are some smaller countries whose economies depend on oil. Think Venezuela, Nigeria, and others to a lesser degree like Mexico, Norway, and of course Texas.
If you were around the last time oil crashed, it was very ugly. I remember entire neighborhoods in Houston with newer empty homes that could be bought for a dollar down. I bought one.
I pray this doesn’t last, but this kind of thing takes on a life of it’s own, and at no time in history has there been a 24/7 mass media fanning the panic like a blast furnace, or a such a polarized political landscape where one party seems to want the country to stumble to defeat the other party.
Corona or whatever the illness may be causing people to be afraid (warranted or not), to travel, trade and be entertained, could cause a technical recession.
How crazy is that? Unemployment is lowest in decades, money is cheap to borrow, inflation is lowest in years. What could be better for working Americans?
I lay blame for much of this on the mass news media.
At the risk of sounding alarmist, 20 dollar oil is a major destabilizing event. There are some smaller countries whose economies depend on oil. Think Venezuela, Nigeria, and others to a lesser degree like Mexico, Norway, and of course Texas.
If you were around the last time oil crashed, it was very ugly. I remember entire neighborhoods in Houston with newer empty homes that could be bought for a dollar down. I bought one.
I pray this doesn’t last, but this kind of thing takes on a life of it’s own, and at no time in history has there been a 24/7 mass media fanning the panic like a blast furnace, or a such a polarized political landscape where one party seems to want the country to stumble to defeat the other party.
Corona or whatever the illness may be causing people to be afraid (warranted or not), to travel, trade and be entertained, could cause a technical recession.
How crazy is that? Unemployment is lowest in decades, money is cheap to borrow, inflation is lowest in years. What could be better for working Americans?
I lay blame for much of this on the mass news media.
Last edited by BMEP100; 03-08-2020 at 08:17 PM.
03-08-2020, 08:41 PM
#74
Gets Weekends Off
Joined APC: Nov 2012
Posts: 1,085
If it were not for our cash being debt, United Airlines would be prime for a takeover.
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow.
And the games begin, hold on to your seats....
If the Summer Olympics get cancelled it's game over for us...
Fly Safe
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow.
And the games begin, hold on to your seats....
If the Summer Olympics get cancelled it's game over for us...
Fly Safe
03-09-2020, 01:31 AM
#75
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
My stock market crystal ball is broke, but I can watch the commodities market. WTI is at 28 dollars right now. Opec talks failed and Saudis walked out and have started a price war. Russia has responded by saying they would open the spigots. Goldman Sachs is saying WTI could be near $20 dollars very soon.
At the risk of sounding alarmist, 20 dollar oil is a major destabilizing event. There are some smaller countries whose economies depend on oil. Think Venezuela, Nigeria, and others to a lesser degree like Mexico, Norway, and of course Texas.
If you were around the last time oil crashed, it was very ugly. I remember entire neighborhoods in Houston with newer empty homes that could be bought for a dollar down. I bought one.
I pray this doesn’t last, but this kind of thing takes on a life of it’s own, and at no time in history has there been a 24/7 mass media fanning the panic like a blast furnace, or a such a polarized political landscape where one party seems to want the country to stumble to defeat the other party.
Corona or whatever the illness may be causing people to be afraid (warranted or not), to travel, trade and be entertained, could cause a technical recession.
How crazy is that? Unemployment is lowest in decades, money is cheap to borrow, inflation is lowest in years. What could be better for working Americans?
I lay blame for much of this on the mass news media.
At the risk of sounding alarmist, 20 dollar oil is a major destabilizing event. There are some smaller countries whose economies depend on oil. Think Venezuela, Nigeria, and others to a lesser degree like Mexico, Norway, and of course Texas.
If you were around the last time oil crashed, it was very ugly. I remember entire neighborhoods in Houston with newer empty homes that could be bought for a dollar down. I bought one.
I pray this doesn’t last, but this kind of thing takes on a life of it’s own, and at no time in history has there been a 24/7 mass media fanning the panic like a blast furnace, or a such a polarized political landscape where one party seems to want the country to stumble to defeat the other party.
Corona or whatever the illness may be causing people to be afraid (warranted or not), to travel, trade and be entertained, could cause a technical recession.
How crazy is that? Unemployment is lowest in decades, money is cheap to borrow, inflation is lowest in years. What could be better for working Americans?
I lay blame for much of this on the mass news media.
03-09-2020, 03:59 AM
#76
Gets Weekends Off
Joined APC: Feb 2011
Posts: 3,866
How much we pay for oil may be the least of our worries.
03-09-2020, 12:51 PM
#78
Gets Weekends Off
Joined APC: Mar 2006
Position: guppy CA
Posts: 5,171
Right after we all get coronavirus. Just make sure you self-quarantine during the last 2 weeks of your month off so you're able to go back to work in May.
I was told on another thread that 100% of the people exposed to the coronavirus will catch it.
I was told on another thread that 100% of the people exposed to the coronavirus will catch it.
03-09-2020, 05:19 PM
#80
You scratched my anchor
Joined APC: Feb 2011
Posts: 4,959
If it were not for our cash being debt, United Airlines would be prime for a takeover.
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow.
And the games begin, hold on to your seats....
If the Summer Olympics get cancelled it's game over for us...
Fly Safe
Warren Buffett went after Delta last week. They actual have something positive in their Balance Sheet. UAL has absolutely nothing. The Banks that control 80% of our stock are becoming very nervous. The drop of interest rates took away United Airlines position as the Bank's Cash Cow.
And the games begin, hold on to your seats....
If the Summer Olympics get cancelled it's game over for us...
Fly Safe
