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Ship Finance International Limited Message Board

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  • marklibera marklibera Nov 21, 2011 3:16 PM Flag

    I AM AN AMERICAN FARMER......

    Susan, you are missing the point about today's drop in the market. It had little to do with Congress and much to do about Europe, especially Spain. As for the US credit downgrade, you might remember that the market inexplicably turned around in October AFTER we were downgraded, and Treasury bonds actually rallied to their lowest yields after the debt ceiling debacle.

    I happen to agree with you that our current spending pattern cannot continue indefinitely, but Europe, Japan and China will blow up before our time of reckoning.

 
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