Bailout time for cruise line industry and airlines

Shares of Royal Caribbean and Carnival halted.

I could see airlines because that’s an essential service, but cruise ships?

I’ve said it many times, this will end in a bailout of the oil industry. The people who balk at bailing out $1.5 trillion in student loans are going to bail out bankrupt companies for just as much.

www.forexlive.com/news/!/trump-says-administration-will-be-helping-cruise-line-industry-and-airlines-20200310

www.bloomberg.com/news/videos/2020-03-10/trump-says-u-s-will-help-cruise-lines-and-airlines-as-virus-spreads-video

Leave a Comment


This site uses Akismet to reduce spam. Learn how your comment data is processed.