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You might be right, it could just be the fall-out from the recent take-over.On the otherhand it could be a collapse in trade is beginning to show & bite.Did you know that the cost of international bulk shipping has just fallen off of a cliff as commodity & goods trade is drying up?Oh, I know, it's that boring old economics stuff & bringing some tedious old relevant (if wider) facts to the table.But there you go.The excrement is in flight, on its way and about to hit that fan. Note the recent round of global interest rate reductions. Can you say 'panic'?
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Reader Comments (Page 1 of 1)
Multi-format-mayhem @ Nov 6th 2008 12:42PM
You might be right, it could just be the fall-out from the recent take-over.
On the otherhand it could be a collapse in trade is beginning to show & bite.
Did you know that the cost of international bulk shipping has just fallen off of a cliff as commodity & goods trade is drying up?
Oh, I know, it's that boring old economics stuff & bringing some tedious old relevant (if wider) facts to the table.
But there you go.
The excrement is in flight, on its way and about to hit that fan.
Note the recent round of global interest rate reductions.
Can you say 'panic'?