Shipping Lines Sail Uncertain Seas

08/10/2008 § Leave a comment

 

Last year, the basic price of shipping a large container of goods from Asia to Europe, the world’s busiest route, was $2,800. This week, with demand plunging amid a worsening economy, that price was an unprofitable $700.

That should tell you all you need to know. Extremist-Capitalist economies require unbridled consumerism. Asia is the factory for consumer goods. Few goods are being shipped.

GET OUT WHILE YOU STILL CAN!!

Shipping Lines Sail Uncertain Seas – WSJ.com

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