The North Atlantic has little or no cargo ships traveling in its waters. Instead, they are anchored. Un-moving. Empty. Factories aren’t buying and retailers aren’t stocking. The ratio of inventory to sales in the US is an indicator of this. The last time that ratio was this high was during the “great recession” in 2008. Baltic dry index is way down, cross ocean shipping is at a grinding hault, Cummings stock took a nasty hit because trucking companies aren't buying new model trucks.
Is anyone feeling the effects?
I'd like to hear your opinion
Thanks
Current trends?
Discussion in 'Other News' started by Cjayn, Feb 12, 2016.
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I get that there is a worldwide economic "depression", and the US is faring better then most, but the US economic situation and overall social situation is a house of cards. And as the US goes, so goes the world. It's just a matter of what trigger sets off the collapse, and when it occurs.
I know whoever becomes the next POTUS is going to regret having the job. I have a feeling the collapse will happen this year, probably in the last quarter. Lots of things lining up for the perfect storm. -
I concur!
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A storm is brewing it seems.
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Get rid of China.
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