Anonymous@146161: No, Kunstler believes that the world is on the verge of "peak oil".. which means that 50% of all the oil will have been pumped out and used. Once this occurs (some say this year, but it could be 2010), oil will become ever more expensive. Since the USofA has made some terrible choices based on the availability of cheap oil - such as building vapid 'suburb' housing developments, we will be in a pile of shit when costs $200 or more to fill a gas tank.

Who, then, will be able to afford luxury aircraft? Less people will likely be flying, and therefore the need for mega-jumbo jets is, allegedly, about to plummet.