A not-so-subtle indicator of future events?: Baltic Dry Index Collapsing. The article begins with this quote: “Nothing is moving because the trader doesn’t want to take the risk of putting cargo on the boat and finding that nobody can pay.”
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Here is some news and commentary from our Economic editor: Stocks Turn Higher As Credit Markets Show Signs Of Easing — Citi Group’s $13 Billion Writedown Raises Fears of a Crisis Beyond Wall Street — US Worsening Economic Outlook — Hedge Fund 42% Drop, Brink Of Collapse — Dow Gold Ratio Sinks To 14-Year Low — European Markets Tumble As Confidence Collapse — Gold Price Crash On Hedge Funds Forced Selling — Banks Borrow Record $435.7 Billion Per Day From Fed — Recession Looms Despite Global Interventions — JP Morgan And Goldman Sachs Responsible For Destruction of US Economy — Will Bailouts Risk Hyperinflation? — Moscow Supermarket Shelves Increasingly Empty
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I found a link over at Total Survivalist Libertarian Rantfest (one of my almost daily reads) to an insightful piece over at Sharon Astyk’s blog: Thinking Ahead: Predicting the Depression
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Reader “Roo” suggested this site: FromTheWilderness.com
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Camping Survival recently added hand-made fire pistons from Jeff Wagner to their product line. These are the ones that wilderness survival guru Les Stroud uses and recommends.