Red Alert!!! Baltic Dry Index all time lows!!! Collapse is here!

Shipping has collapsed!!

[link to seekingalpha.com]

currency war going on with china

they will lose in the end.

But what happens in the meantime?

Yawn

No more cheap china goods. Trump put a stop to that.

let me know when zero

he who holds the gold wins in the end, as long as his army can rise to the occasion!

Get your TP, bottled water and extra food NOW! If this keeps up the next transportation to stop will be the Trucks resupplying all the stores and grocery markets.

BDI is indeed crashing.

it's carshed 50 times in recent years and NOTHING happened.

When I see empty shelves at the dollar tree, I'll know something is up.

the banksters can rig a lot but not the bdi it is a representation of shipping volume for bulk commodities with it this low means most ships are anchored somewhere not moving anything.

you know that is in the bible right?

[-50% for the year, America has already collapse, the people have just not been told yet.

They're going to soon find out and not by their idiot boxes or social media

Ignorance is bliss.

Is it possible my years of waiting are finally coming to an end? Is the boil getting ready to burst?

[link to people.hofstra.edu (secure)]

Its not how much stuff is shipping. It's how much it COST to ship.

Cheap to ship now. Oil prices are low.

Stuff is still flowing.

Inventories will get very low which will drive up shipping soon

Wrong! Try again or learn to math.

Oil prices account for a 40% overall shipping cost. The drop is well beyond 40% in accordance with current oil prices.

This is also leaving out the fact that cost to manufacture is also cheaper with the reduction in oil price (virtually everything is a petroleum product in manufacturing today), which should increase demand as prices would be cheaper overall, offsetting the 40% decrease at % decrease in petroleum. This increases demand, and in this global market, demand is also slowing, only exasperating the root issue.

Note that 40% of the cost to ship is due to oil, and oil also drops at its own rate, so it's a percentage of a percentage.

You are seeing a major decrease in shipping goods, not a decrease in cost to ship goods. Credit purchases and in store credit cards like best buy has are also great to watch, as it means people buy garbage they don't need and can't afford. This has grinding to a major halt.

Economic slow down confirmed. It's going to take a new trend and rabid consumerism to pick it up. Tech like phones, tv's, and electrics have saved us around 2010/2011 to where we are today, but that is slowing down big time.

It may take a little longer !!

[link to seekingalpha.com]

There is only one solution to this crisis, and that is massive bankruptcies and huge garagesales of vessels for scrapping. Around 2020 I guess so many actors have gone out of business that there is hope for those who remain.

ayup, all the gold flowed from west to east. China wins in the end and we become a 3rd world ghetto.

How can they loose when the Usa never ever will be able to pay of their giganormous dept?
Usa could pay a million dollars an hour for 2000 years and still wouldn't be dept free.

Back in 2012 China was demanding that every American citizen be disarmed. And I don't think it has anything to do with an invasion. At least not now. I've heard that 5 Chinese banks hold many of your mortgages through MERS. Get the picture?

Why will they lose?

Many countries including China and Russia want to distance themselves as far from the dollar as possible. When the dollar is no longer the worlds currency we are screwed. That is the ONLY reason the US has gotten away with what they have in the last few decades.
Once that control gone so are we. The politicians klnow that already which explains their actions. They have jumped ship already.

The slant eyed jews own a grip of bad bad bad U.S. debt. Whoever sold them the paper is probably wearing cement shoes. That being said, they can't really say shit without destroying themselves. Just a cute little symbiotic relationship.

maybe but I'm glad I never signed a mortgage.....