Dear investors,
Today I read a report that Airliners continue to burn billions of cash the second half year due to ban of flying or where allowed hardly any travellers.
So what do you think?
Should we continue putting in billions of extra support or freeze them with more layoffs and plains set aside for better times?
Can we live without airliners in the future ?
Whole continents exist where hardly anyone has ever made a trip in an airplane so sure it is possible. It is a luxury article although many of us have got used to flying to whereever we want to.
Those who say the world after Corona should not be the same as before Corona are silnet when it comes to answering where all the workers should work instead. I hear no politician come up with answrs other than "teacher or healthcare". Those are no solution as they are government jobs! They are paid with tax money earned by non government workers. We have to come up with new industries or new jobs anyway.
The solution would be to check where the people wanna spend the money that was spent in flying before. Dividing the existing work over more people would not work as it leads to poverty as your salary must also be shared. Unless cost of life decreases drastically.
For investors it is key to follow what is happening here and think what sectors will grow in the future and which will not. Same for upcoming new industries or products.
I saw some large growth in "Artificial Supported sales" . These are companies that help online shops with AI chat box and payment services. Dutch CM.com is scaling up and raised millions to do so.
So keep your eyes open and think of the opportunities rather than the issues.
Goldrooster