Thursday, 19 November 2015

It's Probably Nothing: Baltic Shipping Index Collapses to All-time Low

From the Economic Collapse:

I was absolutely stunned to learn that the Baltic Dry Shipping Index
had plummeted to a new all-time record low of 504 at one point on
Thursday.  I have written a number of articles lately about the dramatic slowdown in global trade,
but I didn’t realize that things had gotten quite this bad already.

Not even during the darkest moments of the last financial crisis

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