Are We Really Out Of The Recession?

If you keep up with international news, you may have seen this picture on Britain’s dailymail.co.uk on September 16. The story said:
“The biggest and most secretive gathering of ships in maritime history lies at anchor east of Singapore. Never before photographed, it is bigger than the U.S. and British navies combined but has no crew, no cargo and no destination…”
What a stunning image of the world’s cargo shipping industry in the doldrums. The world’s cargo navy with no cargo to carry…
Thoughts?

Wall Street’s Melt Down Explained

I have to say that this is a good behind the look at what has happened in the US and the financial markets.  The one thing they are missing is a ‘big thing’.

CONSUMERS…

The main reason this whole collapse has happened, as consumers / investors are always chasing the dollar and chasing the ROI (Return on Investment)  that companies create risky products to keep shareholders happy, keep investors investing and their companies strong.  This is a very simplified version of the reality, but it’s true.
What are your thoughts?  How did this collapse happen?


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