Comment: What? This All-Important Chart Says We Are Back in Recession!

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What? This All-Important Chart Says We Are Back in Recession!

Wednesday, February 27th, 2013 By Michael Lombardi, MBA for Profit Confidential

Central banks around the world are busy printing paper money in an effort to devalue their currencies and keep up with their government obligations. But the fact of the matter is, there is weakening demand in the global economy; paper money printing will not grow an economy if consumer and business demand is falling!

Please look at the chart for the Baltic Dry Index (BDI). Stop the presses. Stop prefacing you claims with, "I believe." You are not on a mission to the Moon!

Disclaimer: Mark Twain (1835-1910-To be continued) is unlicensed. His river pilot's license went delinquent in 1862. Caution advised. Daily Paul