$Carnival (CCL.US)$Frequent IPOs show that the company's fin...

$Carnival (CCL.US)$Frequent IPOs show that the company's finances have deteriorated and borrowed to get by. When everyone enjoys the dividends brought about by high economic growth, travel vacations are a necessity. When the economy enters a depression and the wallet shrinks, travel vacations become a luxury. The first ladder of spending reduction is travel, and cruise has become a typical zombie company, one step closer to bankruptcy.