Revealed: The ghost fleet of the recession anchored just east of Singapore (Recession NOT Over Ben!)

UK Daily Mail ^ | 16 September 2009 | Simon Parry

[Vince Ferrer]

This one has more pictures: Thousands Of Rusting Ship Hulls Are A Fitting Tribute To The Speculative Market Bubble

[fightinbluhen51]

Don’t forget unions!

[fightinbluhen51]

Yeah, I’ve seen a few sat photos with WAVS (or WASS or whatever the transmitter is) overlays.

What else is good on that site? I’ve been looking to get away from the useless American Legacy Media (other than the few good sources from time to time).

[new cruelty]

It is amazing. Interesting article. Thank you for posting it.

[new cruelty]

... retailers are running on very low stock levels, not only because they expect consumer spending to be down, but also because they simply do not have the same levels of credit that they had in the past and so are unable to keep big stockpiles.

Hmm... I was shopping for a bike helmet recently and noticed several stores were reorganizing large sections of their departments. I finally asked one sales rep, who told me that they were remodelling to better serve the customer. Looked to me like they were just cutting back their stock.