Global Trade Collapsing

For a while, some analysts held out hope that the rest of the world would be spared the devastation of the collapse of the great American credit bubble. The global economy had de-coupled, they said. America's problems were her own.

No one is saying that any more.

In fact, the latest evidence shows that global trade flows are plunging at an alarming rate.

Read more...

Global Trade Collapsing

For a while, some analysts held out hope that the rest of the world would be spared the devastation of the collapse of the great American credit bubble. The global economy had de-coupled, they said. America's problems were her own.

No one is saying that any more.

In fact, the latest evidence shows that global trade flows are plunging at an alarming rate.

Read more...