Posted on 08/24/2015 4:58:46 AM PDT by blam
Tyler Durden
08/23/2015
Three weeks ago, when we last looked at the collapse in trade along what may be the most trafficked route involving China, i.e., from Asia to Northern Europe, we noted that while that particular shipping freight rate Europe had crashed some 23% on just one week, there was some good news: at least the Baltic Dry index was still inexplicably rising, and at last check it was hovering just above 1,100.
That is no longer the case, and just as with everything else in recent months, the Baltic Dry dead cat bounce is now over, with the BDIY topping out just above 1200 on August 4, and now back in triple digit territory, rapidly sliding back to the reality of recent record lows which a few months ago we suggested hinted that much more is wrong with global trade, and the global economy, than artificially manipulated
(snip)
(Excerpt) Read more at zerohedge.com ...
Diminishing quantities of Freedom make all markets less stable.
The GOP and the party of the democrat would rather bankrupt the country than let Donald Trump bring back capitalism.
They are in for a surprise.
DEFINITION of 'Doctor Copper' Market lingo for the base metal that is reputed to have a Ph.D. in economics because of its ability to predict turning points in the global economy. Because of copper's widespread applications in most sectors of the economy - from homes and factories, to electronics and power generation and transmission - demand for copper is often viewed as a reliable leading indicator of economic health. This demand is reflected in the market price of copper. Generally, rising copper prices suggest strong copper demand and hence a growing global economy, while declining copper prices may indicate sluggish demand and an imminent economic slowdown.
Donald Trump isn’t a capitalist, he’s a statist.
The way things are going we are all going to be living in those shipping containers.
Absolutely! Look at his attack on Scott Walker this weekend:
"Walker has been forced to borrow money instead of raising taxes to keep state projects going."
Can you imagine? How dare Scott Walker cut spending or restrain government rather than raise taxes?
Those are the words of a tax & spend liberal, folks!
you’re a gop idiot.
Walker didn’t do either. He borrowed the money. So what’s your point.
Walker’s last budget included borrowing, but a levels far lower than the last couple of decades. The outstanding debt was reduced by about 30 percent in the previous 2 year budget.
You are a liar.
Walker did cut spending, he held back programs and the borrowing is because Wisconsin is on a 2-year budget plan.
But, I do not discuss facts with liars.....it wastes time.
If trade were any freer we would be all speaking Mandarin.
Hmmm. He is still deficite spending regardless of how you spin it. This is an election year and everything is fair game. No discussion needed!
Trump is a left-wing populist.
you’re a gop idiot. I am trying to be nice, now go away and take your left wing gop bull shit somewhere else.
Yep, just a simpleton, lying or spouting in ignorance. Walker is borrowing DRAMATICALLY less than his predecessors.
*****Gov. Walker also made a good faith effort to get Wisconsin’s borrowing under control, and the legislature even improved upon his plan. They brought bonding down 67 percent compared to the 2013-15 budget, a level we have not seen around here in decades.
This budget only authorizes $652 million in new bonding. The previous budget bonded about $2 billion, and that was even low compared to former Gov. Jim Doyle’s last budget, which bonded $3.6 billion. To see such a quick reduction in state borrowing is a good sign for all taxpayers.*****
http://www.maciverinstitute.com/2015/07/analysis-the-2015-17-wisconsin-state-budget/
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