FWIW, the report I read just said that they were selling 18 of their ships, not scrapping them.I think Carnival understands the future. They have scrapped 12 of their monster boats…that means scrap iron.
Dave
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FWIW, the report I read just said that they were selling 18 of their ships, not scrapping them.I think Carnival understands the future. They have scrapped 12 of their monster boats…that means scrap iron.
Dave
FWIW, the report I read just said that they were selling 18 of their ships, not scrapping them.
Off topic once again! And wrong.Well, I bet they snatch up those that are financially viable and not those being scraped.
I should add that technically, most hedge funds didn't buy homes directly out of foreclosure at auction, they bought pools of defunct non-performing residential mortgage loans in foreclosure that were bundled and packaged for sale. There was a time when a pool of defunct resi mortgage notes was going for about 33 cents on the $1 book balance owed on the first pass. Second and third passes after filtration would get down to 13 cents on the $1. Yeah, the hedge funds had armies of attorneys that had to complete foreclosure on each and every home loan in the pools they purchased but the kicker was this... Lots of those homes were virtually brand new homes built and were sold to people under the no-doc / low-doc applications that relied on nothing more stated personal income. Anyone could state whatever they wanted and they were often coached to state a certain amount of income by their mortgage co's who then bundled and sold the piles of crap to the Investment Banks who then bundled it again into massive pools and paid off rating agencies to rate the pools into a waterfall with credit tranches AAA down to junk that they then sold throughout the global MBS market. That is what caused the Great Recession in the first place... When all that crap went belly up and everyone realized the credit ratings of the various tranches of the pools that were built were meaningless because it was all crap... All lipstick put on the biggest financial scam and pig of our time. They even enhanced the pools with "default insurance" on a portion of the lower tranches. Default insurance? LOL! When it came time to file a claim against those policies the insurance companies who wrote those policies laughed and said "Get in line, we're broke".
Where might I find updated info on what percent capacity the resorts and boats will be operating at in December. If you have a website I’ll bookmark it so I don’t keep asking the same question.
They post an English version of the chart here. You have to scroll down a bit - and it says diving is at 60%.![]()
Those things are designed to keep people alive, nothing else. Imagine being crammed in there with a capacity load of seasick landlubbers in rough seas with no windows and limited ventilation. I think I'd rather take my chances out in the open with a life vest.I wonder if those lifeboats would be fun?