Don G. Dinsdale Loc: El Cajon, CA (San Diego County)

SCARE-TIME... Don D.


I found this VERY alarming....and you?


Subject: Major Ships Have Deserted Atlantic Ocean For First Time In History

Major Ships Have Deserted Atlantic Ocean For First Time In History
http://www.whatdoesitmean.com/index1976.htm

According to this report, this stunning information about the Atlantic Ocean now being abandoned by major shipping vessels was contained in the classified section(s) of the Northern Fleet’s report to the MoD of its ability to conduct operations in different regions during 2016.

Of the ships most noted in this report to now be missing from the Atlantic Ocean, this report continues, are Panamax and New Panamax vessels along with every type of wet carrier (oil/liquefied natural gas) vessels including VLCC and ULCC supertankers. ......

Secondary confirmation of this stunning occurrence, this report notes, was obtained by Northern Fleet analysts tracking INTTRA 220,000 ocean shipping database and the Baltic Dry Index (BDI) crashing to a new all-time low—and which caused Germany’s Deutsche Bank to warn yesterday that a “perfect storm was coming”.....

This report explains that the INTTRA portal allows shippers, consignees and forwarders access to multiple carriers through a single site and allow users to communicate with their carriers and is, in many respects, a shipping portal to the maritime industry what a global distribution system (GDS) is to the airline industry—while the BDI is the global index that provides an assessment of the price of moving major raw materials by sea and takes in 23 shipping routes measured on a time charter basis and covers Handysize, Supramax, Panamax, and Capesize dry bulk carriers carrying a range of commodities including coal, iron ore and grain.

The combination of these major ships having deserted the Atlantic Ocean and the crashing of the BDI, this report further explains, is a “clear and potent” signal of a coming Western economic/banking collapse as was evidenced in the 2007-2008 Crisis that was the last time these two factors accurately indicated what was coming—and has, likewise, led to all of the world’s stock markets crashing during the first week of this new year.

Further confirmation of this historic abandoning of the Atlantic Ocean, this report says, was noted this past November when an over two mile line of oil tanker vessels were reported to be sitting off the Gulf of Mexico coast of Galveston, Texas, due to their being no place to offload their ships—and has reached such a critical proportion that other oil tankers in route to the US were forced three weeks ago to turn around in the Atlantic Ocean as there was no longer any more room left for their cargo either.......

gynojunkie

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Don, this was also reported on ZeroHedge; as a barometer of world industrial demand, this report is bad news; coupled with the recent down-fluctuations of the world's markets, this does not bode well.

It segues perfectly with my belief that we have never emerged from the last recession.

The stock market rebounded after 2008 on the strength of two false supports:

1. Fed quantitative easing
2. The market was/is the only game in town! Nothing else could, at virtually 0.00% interest rates, provide any profit whatsoever.

We are in for it. We will be at "table stakes" very shortly.

"Tangible assets" will mean only this: only those things that you can grab with your hands will be in your possession.

All those paper & digital valuations of our net worth? Worthless, instantly worthless, as soon as the plug is pulled from our financial bathtub.....