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The BDI Index Points To Worldwide Disaster

(sorry, but this article is just to important to give a link to...I broke the posting rules for all to read and read quickly! I don't think the author would mind!)

The BDI Index Points To
Worldwide Disaster
By James Wickstrom
2-7-9

Please be made aware that I am not interested in your feedback or dribble to me on the information you are about to read. Just understand and ponder the information and how it is going to relate to you, your family, your loved ones, your friends, and to your Nation as a whole.

the rest of the story is here:
http://www.rense.com/general85/des.htm



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Dribble

It's up to 1498 from its low of 663 in early December. It's still a long way from the high of 11793 in June '08.

For a while there, shippers were charging zero for cargo except for incidental expenses. Better that than have to load the ships mostly with ballast. It was sort of like airlines or concert promoters giving away unsellable seats in order to sell concessions.

A lot of other indicators are looking up. The TED spread has narrowed very significantly. The bank index, copper, consumer finance, long bond yields, and the silver/gold ratio are all up. Nevertheless, I think the long term outlook is lousy, lousy, lousy. Or maybe worse. :-)

http://stockcharts.com/def/servlet/Favorites.CServlet?obj=15...

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

I don't understand this

I've been hearing about since early December, but I don't understand what it means exactly. Any help?

Shipping prices

It's an index that tracks how much shippers are charging for dry cargo. When demand for shipping goes down, they have to cut their rates.

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

My understanding is that our

My understanding is that our imports have dried up. Currently, we are living off of the reserves in our warehouses, but soon we will have no more reserves. When that happens, store shelves will start emptying of all imported products and international business will start taking a nose dive. It is a matter of time before it becomes clearly apparent to everyone.

Now my question is this: how long will it take to get international shipping back up and running? How long will this downturn last?

Digg:

http://digg.com/business_finance/The_BDI_Index_Points_To_Wor...
www.campaignforliberty.com

**the soul would have no rainbow if the eyes had no tears**

Thanks for removing the Wickstrom link.

Much easier on the eyes.

SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States

SUPPORT OUR FOUNDERS' AMERICA
Support the Constitution of the United States

Being prepared

is simple wisdom. No one is going to save us if times get worse.

What did Jesus teach us?

WHERE IS YOUR FAITH??

This article is just more of the fat cats and big dogs howling at the moon - FEAR MONGERING!!

"Freedom is just another word for nothing left to lose."~Roger Miller

J.B.

. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!

Kris Kristofferson wrote Me

Kris Kristofferson wrote Me and Bobbie McGee.

Ĵīɣȩ Ɖåđşŏń

"Fully half the quotations found on the internet are either mis-attributed, or outright fabrications." - Abraham Lincoln

Have Kris call Roger.

"Freedom is just another word for nothing left to lose."~Roger Miller

J.B.

. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!

something else for you to

something else for you to ponder 007... what did God tell Joseph to do in Egypt? didn he store grain for 7 years? did God not tell him there would
be famine? and drought? read your bible!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

Soon they will be leaping

Soon they will be leaping from the tallest buildings. I say let it rain.

"Freedom is just another word for nothing left to lose."~Roger Miller

J.B.

. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!

wow now thats a real nice

wow now thats a real nice "christian" attitude! nice try troll! you and your 13 weeks membership!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

you need to read your bible

you need to read your bible more... what did Jesus say about the 10 virgins? what did Jesus say about the Man who does not prepare for atleast his own family? don't give me this twisted christianity BS. pull your head out of the sand and read what Jesus Told us to do!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

No, I'm NOT kidding!

We are on the brink of a new age...they had their chance to do the right thing, but instead they hoarded and were selfish and greedy. Now it's someone else's turn.

"Freedom is just another word for nothing left to lose."~Roger Miller

J.B.

. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!

Look in the Mirror

instead they hoarded and were selfish and greedy.

And your attitude reeks of pride, greed, and selfishness. No Christian would fail to have compassion on the suffering that is soon to come upon us all.

Where is my faith? I believe that God will provide for me, but I also believe that part of his provision is the warning that I have received from this site and many others that have warned of the impending crisis. I would be a fool to ignore the knowledge that I have been given, and that would not bring God glory. So, I will do what I can and trust the Lord with the rest.

Cry me a river, baby!

I wasn't necessarily speaking to you, Khoma. What, did I strike a nerve? Poor dear.

"Freedom is just another word for nothing left to lose."~Roger Miller

J.B.

. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!

very nice khomar! "When

very nice khomar!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

Hey SIERRA!!

:o P*********

"Freedom is just another word for nothing left to lose."~Roger Miller

J.B.

. @ @ . Power to the People!
@ O @ -----> PEOPLE
. @ @ . NOT Corporate Entities!

Empty shelves will "wake up the sheeple" really fast.

I guest blogged about zero shipping rates here:

http://brits4ronpaul.blogspot.com/2009/01/shipping-rates-hit...

Ron Paul supporters should expect to be badgered with political questions when the shelves are empty. I'm not kidding.

http://brits4ronpaul.blogspot.com/

http://lpuk.blogspot.com/

http://northwestlibertarians.blogspot.com/

We have been here before!

Look at the charts:

http://www.investmenttools.com/futures/bdi_baltic_dry_index.htm

The index is now where it was at the beginning of 2002, and the world did not end in 2002, so we may have been hit over the head with a 2 x 4, but we are not dead.

To me the most interesting part of the thread is the description of the electric grid problems. Richard Duncan, also someone from inside the electric utility industry has warned that the lack of sufficient oil production would eventually lead to total failure of the power grid, not because we burn oil to make electricity, but because oil is critical to maintain the system. If you want to focus on something other than the immediate economic problems that are related to the collapse of the faulty monetary system, then you should look into the oil situation.

"Bend over and grab your ankles" should be etched in stone at the entrance to every government building and every government office.

But during that time frame

But during that time frame we did not come from a huge high.. could be something.. could be nothing.. just prepare for it.. I also liked the info on the electric grid.. I found that just as important.. with all this stimulus money being thrown around why are they not overhauling the grid?.. that is something that should be priority one!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

Further research

http://seekingalpha.com/article/118644-signs-of-life-baltic-...

Colchester, New London County, Connecticut

funny dream I had last night

in my dream I was part of a revolutionary group that took over a ship loaded with beer LOL no it was not off the coast of Somalia.

(Better) to be confused in the search for truth than fully confident and sound asleep in a dream of lies. ~ Michael Nystrom
http://www.votenader.org/blog/2008/09/10/statement-to-ron-pa...
http://www.flickr.com/photos/57925480@N00/2660779139

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

lmao! oh dude!

lmao! oh dude!

you and your fantasies with

you and your fantasies with beer! I am starting to worry about you liberty!

"When governments fear the people there is liberty. When the people fear the government there is tyranny."
-Thomas Jefferson

I am more concerned about the return of my money than the return on my money. --Mark Twain

nothing to worry

organic beer and good wine in moderation improves health.Look at the lifespan in countries where they consume a lot of alcohol daily Italy France...drinking is an art form...living 4 years in Italy I learned to drink properly with meals and plenty of water.

God Bless*)

(Better) to be confused in the search for truth than fully confident and sound asleep in a dream of lies. ~ Michael Nystrom
http://www.votenader.org/blog/2008/09/10/statement-to-ron-pa...
http://www.flickr.com/photos/57925480@N00/2660779139

LL on Twitter: http://twitter.com/LibertyPoet
sometimes LL can suck & sometimes LL rocks!
http://www.dailypaul.com/203008/south-carolina-battle-of-cow...
Love won! Deliverance from Tyranny is on the way! Col. 2:13-15

ditto...you hit the nail on the head...cheers to you my friend!

-----------------------
"Whether you listen to the left side of congress' mouth or the rightside, either way it's the same mouth"

Holy *@#!

Is this true? I'm heading out for another stock up today. Also need more charcoal and propane..........

Colchester, New London County, Connecticut