So what? Most of the world’s illicit drug trade is sold by and to Americans. That doesn’t mean the cartels, pushers, and users pay taxes on the product or contribute to American society in any positive manner.
You could make the argument that the cruise industry is just a giant money laundering scheme that benefits a handful of people who have learned how to buy politicians and scam the system. How much of that laundered cash remains in the US by way of cruise company salaries or taxes? Probably about as little as the cocaine trade.
You are confused. There is a difference between high crime and using legal loopholes.
Buying politicians SHOULD be high crime, but it has somehow become legal in the US political system. (It IS in many other countries)
Cruise ships operate in a unique, loosely regulated environment that endorses all sorts of questionable practices. What the novel coronavirus has revealed about the cruise industry is a “hidden in plain sight” problem — an international maritime regulatory structure that obfuscates and often ignores legal and social responsibility, accountability and culpability.
Two Cruise ships arrived in Aalesund w/o passengers today.
Hurtigruten’s Expedition ship Fram went into drydock at Fiskerstand Shipyard, but I suspect she will stay on after docking, together with the Spitsbergen, also awaiting opening of the Svalbard season.
The mini-cruise ship Seadream1 arrived from Rotterdam this morning and is tied up at the Cruise Terminal together with two coastal ships from Hurtigruten_
That there are a lot of small players in the Cruise Industry that is not “raking in profits by the billions” and is not run by greedy pigs.
In other words. they are not US corporations, not run from the US by management with wages and bonuses in the millions. of $$$.
Can any business of whatever size withstand a total shut down of several months?
It is left to be seen.
Maybe possible for some large corporations that has been profiteering on gullible consumers, or living off subsidies from generous Governments.
The majority of the Cruise industry is not in that situation, since they are mostly privately owned small entities and international in nature, not of national importance to any country…
You complain that the US based Cruise companies are using FOCs. Do you think Bahamas, Panama et al. subsidise such companies, or give handouts at time of crisis?
That they don’t pay tax on their profits to USA is a different problem.
Could it be because they can use the legal loopholes that is made available to them (and other large US corporations with international operations)??