flitched9000 (flitched9000) wrote,
flitched9000
flitched9000

  • Mood:
  • Music:

Ку-ку

1) Shipping: “Hanjin is not alone. Of the biggest 12 shipping companies that have published results for the past quarter, 11 have announced huge losses. Several weaker outfits are teetering on the edge of bankruptcy. In Japan three firms, Mitsui OSK Lines, NYK Line and Kawasaki Kisen Kaisha, look vulnerable. … Even the strongest are suffering. France’s CMA CGM, the world’s third-largest carrier, announced a big first-half loss on September 2nd. Maersk Line, the industry leader, and the largest firm within A.P. Moller-Maersk, a family-controlled Danish conglomerate, will be in the red this year, having lost $107m in the six months to June. The industry could lose as much as $10 billion this year on revenues of $170 billion, reckons Drewry, a consultancy” [The Economist]. “Two powerful forces have rocked the industry. The first is the ebbing of world trade since the financial crisis. … The second factor is a surge in the size of the global container fleet following a ship-ordering binge that began around 2011. Overcapacity has crushed freight rates.”

2) Political Risk: “There is no r*” [Philosophy of Money]. “Like many ec-ono-myst-ic-s, I have been trapped into thinking that there is an equilibrium real rate of interest – a level of the policy rate consistent with stable inflation, a closed output gap, or full employment. The trick for policy makers is to find the magic level…. Increasingly, it has become clear that this entire framework is deeply flawed. For example, it is very likely that there is simply no level of the real policy rate in the Eurozone that will return the continent to trend growth. Why, after all, should the real interest be this all powerful lever which will single-handedly can raise or shrink demand to the level consistent with stable growth and inflation?”

3) THE DEATH OF THE BAKKEN FIELD HAS BEGUN: Means Big Trouble For The U.S.

The Death of the Great Bakken Oil Field has begun and very few Americans understand the significance. Just a few years ago, the U.S. Energy Industry and Mainstream media were gloating that the United States was on its way to “Energy Independence.”

 …Great Bakken Oil Field is now down a stunning 25% from its peak in just a little more than a year and half ago:
.

 …Eagle Ford oil production is slated to be down a stunning 40% since its peak last year.
.
***
Tags: banksters, c'est la vie, capital flow, coca-cola, competition crusade, corruption, crime, crony capitalism, economics, energetics, marxism, natural economy, political economy, realpolitik, resource nationalism, shale gas, statistics, transport, wb, winky gauge, zoonews, Барат в помощь, ВШЭ заела, Снимайте Божену кто ещё не, бобик сдох, британские учёные, их нравы, пердячий газ, пиндоз головного мозга, прихватизаторы, против человечества, рыло в пуху, экономика и политика, это Путин виноват
Subscribe

Featured Posts from This Journal

  • Ку-ку

    1) The men and women serving in the U.S. military are getting fatter at an alarming rate…here are the latest stats. *** *** *** ***…

  • Ку-ку

    1) Duterte Demands US Withdraw Special Forces From Southern Philippines: “They Have To Go” . 2) Link

  • Ку-ку

    1) Link *** *** *** Link *** 2) В этом квартале число пустующих домов, находящихся в собственности банков СШПётоукя ,…

promo flitched9000 april 27, 2013 20:19 5
Buy for 10 tokens
ПредуведомлениеLibero™: цените каждое обкакивание! Moment™: цените каждый момент! Напоминание «Я смотрю на себя, как на ребёнка, который, играя на морском берегу, нашел несколько камешков поглаже и раковин попестрее, чем удавалось другим, в то время как неизмеримый океан истины…
  • Post a new comment

    Error

    Anonymous comments are disabled in this journal

    default userpic

    Your reply will be screened

    Your IP address will be recorded 

  • 0 comments