Booms, Busts, and Recoveries Message Board

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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: elmatador who wrote (39195)	10/5/2003 9:26:05 PM
From: elmatador	of 74559

Going loco. Queen Mary2 ship is launched. It is made by just rescued Alstom in a French shipyard. It is launched amid a glut of cruising ships. It is too long to and too wide to fit in the Panama Canal and into existing docking facilities. Alstom was rescued -with half disguised French state help- to save 110.000 jobs. Oh! I almost forgot! The high Euro made ship building in Europe very expensive. Really loco!

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