You know those Mexicans that hang out at Home Depot parking lots looking for work? That’s the picture in Singapore as 750 freighters are idling in the water waiting for jobs – with no work to be had. New York Times has the story:The problem is global shipping has collapsed.
Related Articles
International PBX Ventures Ltd (TSX.V: PBX) CEO Interview
January 22, 2010
Jack
CEO Interview
Comments Off on International PBX Ventures Ltd (TSX.V: PBX) CEO Interview
International PBX Ventures Ltd (TSX.V: PBX) Interview with George Sookochof, CEO […]
Commodities Resurgence Bullish for: Loonie, Aussie, and Kiwi
March 27, 2009
Jack
Investing Strategy
Comments Off on Commodities Resurgence Bullish for: Loonie, Aussie, and Kiwi
Canadian Dollar, Aussie Dollar, and New Zealand Kiwi are Headed Higher […]
How to Profit From the “Double Dip” Recession
January 18, 2010
Jack
Investing Strategy
Comments Off on How to Profit From the “Double Dip” Recession
Shorting consumer and bank stocks as “recovery” runs out of steam […]