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Daily Archives: June 6, 2013
Who is buying US exports?
More perspective on slowing global demand and recent “strength” in US exports. Banking on continued demand from over-indebted, under-saved Canadians in the midst of a stagnant (and falling) housing market? Not to mention the fact that the Canadian dollar has … Continue reading
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Shipping in crisis: inside Germany’s ghost port
More postcards from the real economy: enormous global overcapacity is proving a formidable headwind to growth expectations. World trade has been falling since 2010 and the world is awash in overcapacity and oversupply: this is the same “huge misjudgment of … Continue reading
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