John sends this link about the Baltic Dry Index. It measures the cost to ship goods around the planet.

Some people like the Baltic Dry Index as a way to measure the real economy because it tells you how much stuff is moving around for delivery, right now, and how much that's costing. You don't have to worry that speculators are driving up the cost of wheat in 2009 or whenever. You just look on there and see what's actually moving.\

We'll try to take a closer look at this next week.

categories: Understanding The Crisis

2:51 - October 31, 2008

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