"Darkening Outlook For Trade" - Global Air Cargo Rates Continue To Plummet, Hit 4-Year Low

Source: https://www.zerohedge.com/economics/darkening-outlook-trade-global-air-cargo-rates-continue-plummet-hit-4-year-low
Published: Oct 5, 2019
Author: Tyler Durden
Post Date: 2019-10-05 09:00:27 by Horse
Views: 78

We have a rather pessimistic approach..."

Poster Comment:

Macleod: "The Last This Happened Was 1929-32..."

https://www.zerohedge.com/economics/macleod-last-happened-was-1929-32

As night follows day, another banking crisis will rapidly escalate... on a greater scale than ten years ago. And the evidence from failures in the dollar repo market in recent weeks points to the banking system beginning to unravel now.

Post Comment   Private Reply

#1: NeoconsNailed    To: Horse (#0)

Gee, maybe the shipping barons will begin to feel something and say "pushing political correctness is destroying our business. Time for a switch?"

I didn't even know there was much air cargo. What goods?

NeoconsNailed posted on 2019-10-05 09:36:54   Reply   Private Reply

#2: Horse    To: NeoconsNailed (#1)

Big shippers get huge discounts.

The economy is fried because we have too many Unpayabe Debts to cancel. Will not get better until we cancel the debts.

Horse posted on 2019-10-05 11:34:38   Reply   Private Reply