– Here’s Why The Baltic Dry Index Is Collapsing (In 1 Image) (ZeroHedge, May 14, 2014):
If ever there was a better indication of the mal-investment boom created by an interfering Fed, this is it. As demand for shipping collapses on real slowing in the global economy – markets have “told” shipbuilders to “build it and they will come”… here is a ship-shipping ship, shipping shipping ships…
Very clever, and misleading.
There are loads of these boats.
They are used to save fuel and wages by returning RIVER BARGES to their post of origin to collect more bulk (coal,grain,fertiliser etc) for importing into the inner river structure of areas like China, USA, Europe and South America.