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

Investing Strategy
David Fry’s Excellent Charts on BRIC & Commodity plays
March 28, 2009
Jack
Investing Strategy
Comments Off on David Fry’s Excellent Charts on BRIC & Commodity plays
The BRIC bull is….back? […]

The Big Picture
Could Stocks Hit New Lows Soon?
Heiko Seibel: “Within a few weeks, we will see the stock lows of our lifetimes” […]

Investing Strategy
Gold Up Another $500 in 6 Months – John Embry
April 21, 2010
Jack
Investing Strategy
Comments Off on Gold Up Another $500 in 6 Months – John Embry
Tipping point is demand for physical gold […]