[Cid_Yama]

$this->bbcode_second_pass_quote('', 'I')n recent months, market neutrality has seemed both more desirable than ever and remarkably hard to achieve. In shipping, where the Baltic Dry Index, a key indicator, plummeted by 90 per cent in 2008, it might seem impossible.

“It slowed down with the Beijing Olympics as China slowed industrial production. We all assumed it was temporary but then the credit crunch hit and global trade effectively came to a stop.”

[Cid_Yama]

More danger on the horizon. Moody's downgrade of Ambac to junk will trigger a cascade.

And now the White House is warning on tomorrow's Jobs Report.
Must be really bad, to issue a warning ahead of time, especially during a jittery down Thursday afternoon.

Maybe we are seeing a shift in policy to "Let's just push it over the cliff and get it over with, so we can start the recovery."

[TheDude]

Some humor for a change: Colbert Report Takes Glenn Beck's End Times Scenarios To The 'Doom Bunker' (VIDEO)

Sector roundup: Handsets, drybulk shipping - Forbes.com

$this->bbcode_second_pass_quote('', 'N')EW YORK (AP) - Drybulk shipping stocks soared Wednesday amid a rebound in the broader market, as a key shipping index leaped and investors cheered a possible Chinese stimulus package in the hopes it would boost manufacturing and infrastructure spending.

[vision-master]

The BDI Index Points To Worldwide Disaster


$this->bbcode_second_pass_quote('', 'A')n Email Received On the Baltic Dry Index Video:

I've been discussing the Baltic Dry Index (BDI) with everyone I can for months now. I started following it in June of 2008. It's not a traded index so no one profits from the index itself, which makes it virtually manipulation proof. It is what it is and that doesn't bode well for any of us.

OK, we have 26 shipping routes around the world that the BDI looks at. Shipping stocks are slaves to the BDI. Capesize Ships (over 100,000 tons) make up only 10% of the World Fleet but move 62% of Dry Bulk Traffic (at a given time Australia has 35/40, China 20, Brazil 40-50, S. Africa 1-7). Panamax Ships (60,000-80,000 tons) make up 19% of the world fleet and move 20% of the Dry Bulk Traffic (at a given time Australia has 40-60, China 20-35, Brazil 3-12, S Africa 0-1). There is a third and fourth ship size but they are quite small and they aren't moving either.

If we can use the Baltic Dry Index (BDI) as a guide for the next 12 months of product delivery and food availability in the stores we shop in then the BDI says shelves will be virtually empty of almost every product we use each and every day.

If the BDI is wrong it will be an historic first. The BDI is used by bankers, financial experts, brokers, traders and everyone in high-end finance to assess the global financial condition and the availability of products worldwide.

The BDI has dropped 94% in a short few weeks which means raw materials, grains, ores, steel, iron, cement and all imported products for food manufacturing and product manufacturing even though we actually do very little of that here in the US. We do make bread and other products that require grains, like cereals. We import clothing, gasoline, various fuels and, well, just about everything these days and the BDI says global shipping has shut down. NOTHING is moving. Because this spells disaster for a country that produces little and imports everything I have been intently blogging about the subject and asking people to view a short video I have posted (8 minutes) on:

http://thegreendragon.ning.com/video/vi ... l-you-must

[davep]

$this->bbcode_second_pass_quote('vision-master', '[')b]The BDI Index Points To Worldwide Disaster


$this->bbcode_second_pass_quote('', 'A')n Email Received On the Baltic Dry Index Video:

I've been discussing the Baltic Dry Index (BDI) with everyone I can for months now. I started following it in June of 2008. It's not a traded index so no one profits from the index itself, which makes it virtually manipulation proof. It is what it is and that doesn't bode well for any of us.

OK, we have 26 shipping routes around the world that the BDI looks at. Shipping stocks are slaves to the BDI. Capesize Ships (over 100,000 tons) make up only 10% of the World Fleet but move 62% of Dry Bulk Traffic (at a given time Australia has 35/40, China 20, Brazil 40-50, S. Africa 1-7). Panamax Ships (60,000-80,000 tons) make up 19% of the world fleet and move 20% of the Dry Bulk Traffic (at a given time Australia has 40-60, China 20-35, Brazil 3-12, S Africa 0-1). There is a third and fourth ship size but they are quite small and they aren't moving either.

If we can use the Baltic Dry Index (BDI) as a guide for the next 12 months of product delivery and food availability in the stores we shop in then the BDI says shelves will be virtually empty of almost every product we use each and every day.

If the BDI is wrong it will be an historic first. The BDI is used by bankers, financial experts, brokers, traders and everyone in high-end finance to assess the global financial condition and the availability of products worldwide.

The BDI has dropped 94% in a short few weeks which means raw materials, grains, ores, steel, iron, cement and all imported products for food manufacturing and product manufacturing even though we actually do very little of that here in the US. We do make bread and other products that require grains, like cereals. We import clothing, gasoline, various fuels and, well, just about everything these days and the BDI says global shipping has shut down. NOTHING is moving. Because this spells disaster for a country that produces little and imports everything I have been intently blogging about the subject and asking people to view a short video I have posted (8 minutes) on:

http://thegreendragon.ning.com/video/vi ... l-you-must

[davep]

$this->bbcode_second_pass_quote('pstarr', 'd')avep calm down.

[davep]

$this->bbcode_second_pass_quote('pstarr', '')$this->bbcode_second_pass_quote('davep', '')$this->bbcode_second_pass_quote('pstarr', 'd')avep calm down.

[Pops]

$this->bbcode_second_pass_quote('vision-master', '[')b]The BDI Index Points To Worldwide Disaster

[Cid_Yama]

Dude,

I watched your Cobert and then tracked down the Glen Beck War Room so I could compare.

One thing both were wrong about. Americans will fire on Americans. Each will define the other as unAmerican.

An imaginary social experiment.

Take 100 people who do not know each other, half Conservative, half Liberal. Put them in an auditorium with food, drink, music; a social setting.

In a very short time the people will gravitate into two distinct groups based on their ideology.

Most people think of it as just political, but it is not. Each is a distinct world view that is not compatible.

Eventually this will be resolved in the only way possible, through the elimination of the opposing world view.

Times of chaos will allow this to happen in small(and some not so small) incidents everywhere.

People don't want to believe this, but this website demonstrates this principle every day.

[davep]

$this->bbcode_second_pass_quote('Cid_Yama', 'D')ude,

I watched your Cobert and then tracked down the Glen Beck War Room so I could compare.

One thing both were wrong about. Americans will fire on Americans. Each will define the other as unAmerican.

An imaginary social experiment.

Take 100 people who do not know each other, half Conservative, half Liberal. Put them in an auditorium with food, drink, music; a social setting.

In a very short time the people will gravitate into two distinct groups based on their ideology.

Most people think of it as just political, but it is not. Each is a distinct world view that is not compatible.

Eventually this will be resolved in the only way possible, through the elimination of the opposing world view.

Times of chaos will allow this to happen in small(and some not so small) incidents everywhere.

People don't want to believe this, but this website demonstrates this principle every day.

[truecougarblue]

My $.02...

I'm not expecting catastrophic collapse, but instead debt serfdom.

Their are at least 2 US banks ready and willing to pick up the assets of insolvent banks at fractions of pennies on the dollar. JPM, and more so, GS. Rememer the vary basic tenet of investing; your money is made when you buy, not when you sell.

The PTB, in the urgency of crisis, will turn a blind eye to the antitrust implications of a single big bank irrepairably interlaced with big government.

With just one or two big banks we'll have Potterville writ large and the only people who will be able to maintain anything close to the status quo will be those who have no debt. The closer we each are to self sufficiency, the better.

[vision-master]

$this->bbcode_second_pass_quote('', 'T')ake 100 people who do not know each other, half Conservative, half Liberal. Put them in an auditorium with food, Cannabis, music; a social setting.

In a very short time the people will gravitate into ONE distinct STONED group.

[spear]

Im thinking this thing is picking up too much momentum too fast for my liking
IMO things will start unfolding at a faster rate from here on and the more we move into the future,even faster yet.

[Ludi]

$this->bbcode_second_pass_quote('Cid_Yama', '
')People don't want to believe this, but this website demonstrates this principle every day.

[anador]

$this->bbcode_second_pass_quote('Ludi', '')$this->bbcode_second_pass_quote('Cid_Yama', '
')People don't want to believe this, but this website demonstrates this principle every day.

[Ludi]

$this->bbcode_second_pass_quote('BlinkBlink', '
')No but when they are hungry they will turn barbaric. Don't underestimate what people are capable of when they haven't eaten for a week.

[retiredguy]

Hate to be ghoulish, but during Stalin's forced starvation of the Ukraine in the 30's, people ate their own children. These were not isolated incidents.