Another great report.
Baltic Dry Index
The Baltic Dry Index has collapsed to fresh record lows. As a consequence, Deutsche Bank warns, a “perfect storm” is brewing in the dry bulk industry with a looming surge in bankruptcies.
China’s central bank is under increasing pressure to let the yuan currency fall as much as 10-15%. A massive Chinese devaluation would be highly damaging to U.S. based industry, companies. Looks like we’re on the verge of some harder times.
According to the BLS, the U.S. economy generated a miniscule 11,000 jobs in the month of December. Of course, the BLS fiction writers padded that number with an additional 281,000; so that, everyone would not figure out that the U.S. economy is dead in the water.
According to released emails, on June 17th, 2011, Hillary instructed her subordinates to turn…
View original post 360 more words