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Tuesday, July 17, 2012

''Baltic Dry Index Implodes, Signals Global Economic Collapse''

From Daily Paul

''In January, I wrote “Baltic Dry Index Signals Renewed Market Collapse,” an analysis of the record-breaking low hit by the Baltic Dry Index and its implications for the global economy; namely, that it signaled a steep decline in true demand around the world and that similar declines in the index’s past have almost always prophesied a crisis event in financial markets.

The mainstream media attempted to write off the implosion of the index as a fluke tied to the “overproductions of cargo ships” instead of a warning sign of deteriorating demand. The past six months have proven that assertion to be entirely false.''

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