I guess chasing returns is providing the dough but tick tick tick like a bomb
GUESS they done pretty good drew in 11 billion instead of the expected 2 billion
Carnival is issuing new debt without offering the ships as collateral. And I foresee no problem with them selling all of it!
https://finance.yahoo.com/news/carnival-returns-bond-market-without-140811596.html
I don't know how profitable they were prior to the pandemic but since then they have lost billions, added billions to their debt load, lost tons of experience and even if a vaccine was given to everyone in the world by tomorrow and they get a back log vacation surge its going to take them YEARS to get back to the profit/revenue of the past while still having to service/retire all this new debt.
Companies all over the world are gorging on the willingness of everyone to pony up, at ridiculously low returns, never before would I imagine a world where a company could announce bankruptcy and offer to sell more stock and people would line up for it!
The dilution of value by all these companies offering up new stock shares and the add on of huge debt along with the willingness of Investors to grab it up is rather amazing.
Added to an already phenomenal National, State, and Local debt load and the unaccounted for Ghost debts deferred off and on the balance sheets and this is in my opinion going to end very badly.
I do believe another shutdown or any blip in the economy would drive the nail into the coffin very deeply.
But I sound pessimistic just dump some more dough in the IRA and let it ride! LOL
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Now, now, be positive and Progressive. Biden will fix it all by confiscating your tax sheltered retirement accounts to pay the bills and give you a few more shekels in your SSI retirement to make you feel all better.
See, all is better now.
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bpost: 31547127799707/comments/31547159833627
Now, now, be positive and Progressive. Biden will fix it all by confiscating your tax sheltered retirement accounts to pay the bills and give you a few more shekels in your SSI retirement to make you feel all better.
See, all is better now.
I have no doubt. in the 30's when FDR had everyone turn in their gold. Now just watch everyone's bank accounts disappear .. after all it is their money in the bank till they return it.
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@...: 31547127799707/comments/
Just wait until Biden announces the $200 per year tax on each gun you own, or the 250% surcharge tax on ammo and ammo components. And, and...and.
Hypothetically speaking - how is he going to find out / know how many guns I may - or may not have?
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I think these corporations know our world is never going to be the same again. NEVER!
Golden Corral, Carnival, AMC and Regal theaters, all the airlines, etc., etc., etc., etc., etc.... know there is a NEW NORMAL coming and it looks nothing like yesterday.
From now on, when we speak of the "Good Ole Days" we will be referring to pre-2020.
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True about what was said above but it seems to me the INSURANCE companies business must be booming! What they spend in advertising would support a small country!
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Brookwood: 31547127799707/comments/31547128536347
True about what was said above but it seems to me the INSURANCE companies business must be booming! What they spend in advertising would support a small country!
Agreed follow the money the Auto insurance industry is spending a fortune to get you and the Ambulance Chasers are in between every commercial to fleece. I almost enjoyed the break we had when the candidates bought up all the air time and knocked the Scum attorney off the air for a little while LOL
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My inventory is 2-part..
1. Guns purchased via paperwork
2. Otherwise obtained
Now is the time to separate them. Literally.
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They won't TAKE your money, they will just continue to devalue it like they have been doing all my life. I used to think 2 or 2 1/2% interest on my money (when I had none) was automatic. Then 6 or more became possible thanks to Johnson, Nixon & Carter. Now you really have to struggle to get 1%. The "increase" in Social Security or my pension is a joke & nowhere near the price increases. Then to add insult to in jury they tax the increase & the pitiful interest we earn. They are not taking our money away they are simply devaluing it. Same effect but most sheeple don't notice it.
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Wait till all the progressives that voted for Biden see their first paycheck after Unca Joe rescinds the Trump tax rates. Their outrage just might be a catalyst for them growing a brain. Maybe.
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It is a plan called the GREAT RESET for capitalism. Hang onto your hats folks we live in interesting times.
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@...: 31547127799707/comments/
Sounds ripe for the short sell!
Just watch, guys like Soros and Buffet will be all over this like white on rice!
They'll short sell all those suckers and make trillions! It's spelled "S...U...C...K...E...R...S"
Want to make money in the stock market? Learn how to sell the short, that's where ALL the money is going to be the next few years!
It should be illegal, but it's not, and people should go to jail for a very long time, but they don't.
ETA - They'll dive in big and drive up the price, then short everything and then put it into a free fall by yanking the bottom out...laughing all the way to the bank! Evil bastages, Soros in particular.
Just remember, you heard it here first, folks!
Short-selling would seem to be a logical decision in this market but due to the Federal Reserve's (and other central bankers') actions, selling this market short -- in spite of some insane valuations -- is extremely dangerous.
(On a side note: there is nothing "devious" about short-selling; it actually brings
efficient movement of capital to markets, but that's a longer subject
than is practical to discuss here.)
You can't be expecting a market like ours, no matter how big the bubble may be, to sell off when the Federal Reserve has promised unlimited liquidity to counter any market weakness -- get that: UNLIMITED liquidity; this is what the Fed has literally promised. It means pretty much the entire market of publicly-traded companies have been deemed "too big to fail."
Some individual names will still be "allowed" to fail, just to keep the appearance that we are operating in some "free market" and there are market risks, but there will simply be no general "market crash" so long as the prevailing opinion among those who are controlling the Federal Reserve and the investment banks is the position that unlimited amounts of new money will be created out of thin air to counteract any significant market weakness.
All that money-creation will eventually lead to hyper-inflation (which will be blamed on everything other than the money-creation that caused it), and the valuation, in inflation-adjusted dollars, of stocks may come down, but in nominal dollar terms, it will be nearly impossible for stock prices to drop.
One just can't be shorting stocks and making money in this sort of environment.
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bpost: 31547127799707/comments/31547175666971
It is a plan called the GREAT RESET for capitalism. Hang onto your hats folks we live in interesting times.
That "great reset for capitalism" will look a lot like some of the early 20th century socialist revolutions, where the thugs end up in positions of power. Never, ever, ever give up your guns; they may not help you turn away the huge criminal mob that may come to your doorstep, but if enough civilized armed citizens each wipe out a few of the violent mobsters, their numbers may dwindle low enough where future generations may have a chance at freedom again, instead of the savagery the socialists are hoping to bring down upon the entire world.
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