What a man of vision....the economies of the world are smoldering and this guy wants to plant some flowers.
Who says the UN is out of touch?
You want to know how the world's economies are doing? Ask a scrap man, yep that's the guy, he collects up all those soda pop cans, you see them along the roads, most everywhere. Back in the summer he could get $.40 a pound for aluminum. Today is 2 to 3 cents a pound. Worldwide the market for scrap metal has dried up. Steel is currently worth zero to a scrap company, I just asked.
No scrap metal, and aluminum is considered the most valuable because it uses so much energy to originally produce, no worldwide product production. Copper was at 2 cents a pound locally today. So the back end is telling the front end, the world's economies are at near dead stop.
Not good.
10 posted on
11/26/2008 4:25:22 PM PST by
Tarpon
(America's first principles, freedom, liberty, market economy and self-reliance will never fail.)