Originally Posted by
Allvest
I like to give people the benefit of the doubt, but posters, such as WPGjetse come across with such authority, and no insight into their source of knowledge that it's hard to take them serious at times.
Remember Canadians are cheap.

Well at least more cheap than the Brits.
100% true and fact checked
Anyway, back on topic.
Anyone who puts their eggs in one basket gets hit with these devaluations. If you only hold Aeroplan miles - well you just got screwed. Same holds true for any devaluation whereever it may be (and even CX storm is a brewin). AA cannot be far behind. Avios got devalued this year.
The question is - what hasnt been devalued - NOTHING.
Diversify. Your favourite AE award goes from 30k to 80k - use other miles from your portfolio.