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Shipping Said to Have Ceased… Is the Worldwide Economy Grinding to a Halt?
The Dollar Vigilante ^ | 1/11/16 | Jeff Berwick

Posted on 01/12/2016 6:35:38 AM PST by Bloody Sam Roberts

Last week, I received news from a contact who is friends with one of the biggest billionaire shipping families in the world. He told me they had no ships at sea right now, because operating them meant running at a loss.

This weekend, reports are circulating saying much the same thing: The North Atlantic has little or no cargo ships traveling in its waters. Instead, they are anchored. Unmoving. Empty.

(Excerpt) Read more at dollarvigilante.com ...


TOPICS: Business/Economy; Culture/Society; Extended News; News/Current Events
KEYWORDS: depression; economy; recession; shipping
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"While there may be a few snippets of truth in this article, it's patently obvious that those snippets are being over extended to paint misinformation."

Not ALL shipping has stopped., But a very large portion of it has.

Yes, a lot of FUD here, yet...it does spotlight a disturbing trend.

1 posted on 01/12/2016 6:35:38 AM PST by Bloody Sam Roberts
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Comment #2 Removed by Moderator

To: Bloody Sam Roberts

Obama has ruined the world in just 7 years: RBS says sell everything... http://www.freerepublic.com/focus/f-chat/3382652/posts


3 posted on 01/12/2016 6:40:50 AM PST by 1Old Pro
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To: Bloody Sam Roberts

There have been some observers commenting for months on the Baltic Dry Index and the lack of cargo shipping

Meanwhile ships loaded with oil are sitting at sea, no demand


4 posted on 01/12/2016 6:40:56 AM PST by silverleaf (Age takes a toll: Please have exact change)
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To: Bloody Sam Roberts

If the shelves at Walmart and Dollar Tree are empty within a month, we’ll know this is true.


5 posted on 01/12/2016 6:43:49 AM PST by Buckeye McFrog
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To: Bloody Sam Roberts

Last week, I received news from a contact who is friends with one of the biggest billionaire shipping families in the world. He told me they had no ships at sea right now, because operating them meant running at a loss.

- - - - -

Fake claim that appeared to start on zero hedge. Ships are still coming in and out of ports.

http://www.freerepublic.com/focus/f-news/3382363/posts

Port of Houston Authority
Expected Arrivals
http://info.poha.com/vtraffic/arrivals.html

http://www.marinetraffic.com/en/ais/index/eta/all/port:87/portname:LOS%20ANGELES/per_page:50

http://www.marinetraffic.com/en/ais/index/eta/all/port:137/portname:NEW%20YORK/per_page:50


6 posted on 01/12/2016 6:45:14 AM PST by thackney (life is fragile, handle with prayer)
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To: Bloody Sam Roberts
This has been talked about on FR already.... plenty of shipping making port.

A quick search of FR will turn up the thread, and the port arrivals websites.

7 posted on 01/12/2016 6:46:18 AM PST by wbill
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To: thackney

thanks! That was the post I was looking for.


8 posted on 01/12/2016 6:46:42 AM PST by wbill
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To: Bloody Sam Roberts

Why excerpt this blog with the fake claim?


9 posted on 01/12/2016 6:47:47 AM PST by thackney (life is fragile, handle with prayer)
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To: Bloody Sam Roberts

10 posted on 01/12/2016 6:48:43 AM PST by Red Badger (READ MY LIPS: NO MORE BUSHES!...............)
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To: Red Badger

The Baltic Dri Index does seem to be falling off a cliff.
http://www.bloomberg.com/quote/BDIY:IND


11 posted on 01/12/2016 7:04:37 AM PST by winner3000
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To: Bloody Sam Roberts

On the other hand, there is still plenty of fresh fruit in the grocery stores. Therefore SOMETHING is moving.


12 posted on 01/12/2016 7:07:38 AM PST by Oberon (John 12:5-6)
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To: Bloody Sam Roberts

not true Please don’t feed the fears.


13 posted on 01/12/2016 7:18:27 AM PST by sarasota
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To: wbill
A quick search of FR will turn up the thread

I did a search as per normal protocol. Said thread must not have been recent.

14 posted on 01/12/2016 7:38:38 AM PST by Bloody Sam Roberts (Democracy is not freedom. Democracy is simply majoritarianism. It is incompatible with real freedom.)
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To: thackney
Why excerpt this blog with the fake claim?

To save space and for discussion purposes. It's the first I've heard of it.

15 posted on 01/12/2016 7:39:35 AM PST by Bloody Sam Roberts (Democracy is not freedom. Democracy is simply majoritarianism. It is incompatible with real freedom.)
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To: Bloody Sam Roberts

WHY WORRY.....
you’re all prepared aren’t you
not in debt over your head
not leveraged in the market
able to sustain yourself for a few months
a stash of ready cash when the banks close down
a generator when the lights go out
food wehn the market shelves are bare
you’re able to protect yourself and your family cause you have the means to protect yourself
remember the cops will take 20-30 minutes to respond... if at all
if not eating doughnuts or sleeping
right ???????
YEAH RIGHT
SURE YOU ARE


16 posted on 01/12/2016 7:47:13 AM PST by zzwhale
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To: Bloody Sam Roberts

the word ‘baloney’ comes to mind


17 posted on 01/12/2016 7:47:55 AM PST by camle (keep an open mind and someone will fill it full of something for you)
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To: Gaffer

It is all going over the cliff, you know. SHTF times may not be far behind.

This topic most certainly shall NOT be touched upon at the State of the Union message, or if it is, somehow it will be shifted to “Republicans’ fault”.

Steve Urkel - “Did I do that?”


18 posted on 01/12/2016 7:54:19 AM PST by alloysteel (If I considered the consequences of my actions, I would rarely do anything.)
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To: Bloody Sam Roberts

Ship traffic
http://www.marinetraffic.org
http://www.marinetraffic.com


19 posted on 01/12/2016 8:14:37 AM PST by minnesota_bound
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To: silverleaf

Baltic Dry Index bump


20 posted on 01/12/2016 8:25:47 AM PST by CPT Clay (Hillary: Julius and Ethal Rosenberg were electrocuted for selling classified info.)
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