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This may have already been posted, but the Baltic Dry Index is a good indicator of what shipping is doing. It's been a very, very long time since this index has pointed so low. (far before the 5 year chart that bloomberg can provide). Do a google search for your own DD... it all seems to...

Clap Clap... very well said. This is a path we should not tread unless we wish to dodge a very ugly recession bullet ... by walking right in front of a freight train. The last thing we need to encourage people to do is spend their way our of recession by using more debt... digging that...