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A glimmer of credit crunch justice
July 3, 2009 2:08 pm No Comments
I have blogged before about one of the best yet most under-used economic indicators, the Baltic Dry Index. This charts the movement (or lack of) of the world’s shipping. To add to what I said, last month refrigerated-shipping operator Eastwind Maritime filed for bankruptcy in New York. Sweden’s Nordea bank seized and sold on 13 [...]

