SideNote: Obviously the financial world is crashing-burning and falling off the abyss. I think QE4 is just around the corner. The Fed's emergency meeting next Monday, they have no choice but to discuss how much funny money thet want to throw at the financial problem to keep the economy afloat. GRIM

Global Trade Just Snapped: Container Freight Rates Plummet 70% In 3 Weeks

Submitted by Tyler Durden on 11/21/2015

Spot rates for transporting containers from Asia to Northern Europe have crashed a stunning 70% in the last 3 weeks alone. This almost unprecedented divergence from seasonality has only occurred at this scale once before 2008!