By George Weltman
“It was the best of times, it was the worst of times; it was the age of wisdom, it was the age of foolishness; it was the epoch of belief, it was the epoch of incredulity; it was the season of Light, it was the season of Darkness; it was the spring of hope, it was the winter of despair; we had everything before us, we had nothing before us; we were all going directly to Heaven, we were all going the other way.”
Looking back, this excerpt form Charles Dickens novel, “A Tale of Two Cities” would seem to be a reasonable description of the past year’s boom and bust in shipping. However, looking at the data supplied by Dealogic, lending activity seems
This is only an excerpt of A Tale of Two Markets – The Bank Debt Award
Content is restricted to subscribers. To continue reading please Log-In or view our subscription options.
Tags:
You must be logged in to post a comment.