Only a regulatory Monster can stop this dry bulk skyfall…
Monday Monday* and cross that day, per the Mamas and Papas great 60’s hit, and the dry market hit down to 996! We are proud that we have once again predicted the BDI’s fall, foretelling over the last three months its weakness and more to come in our live televised interviews, says John Faraclas.
The assumption and or blaming overcapacity is utterly wrong; you have to blame the regulators and their political and geopolitical masters; you have to blame the shipbrokers and the analysts; you have to blame the bankers; you have to blame the …China syndrome… do you want us to carry on????
So long there isn’t a magic solution, we have to turn the screw on and ask the regulators to bring in disciplinary market quotas , controls and proportionality to aall intents and purposes, otherwise expect the worse to come…
Watch our live interview next Friday and see what’s in for you; what the truth about the market is!
* just listen to the song; it could be beneficial if you pick the solution from a verse…
