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Re: A little off topic,,Hanjin bankruptcy is the fodder for doom and gloomers?
Author: Pdxrailtransit
Date: 09-19-2016 - 09:43

BOB2 Wrote:
-------------------------------------------------------
> The LA Times can be good cat box liner, and this
> story seems like a candidate as a good example....
> There are some kernels of truth, and lots of doom
> and gloom, which appears to be rhetorically rich,
> but factually "lite"...... Cheap shipping rates
> from over capacity is not a harbinger of the end
> of trade, it is a harbingers of cheaper shipping
> rates, though. But, actual trade data shows that
> the sky is probably not falling, and the end times
> are probably not upon us......unless we do
> something really stupid to affect the trade
> situation.
>
> The RR's will probably move what they are paid to
> move. Christmas is coming and incomes in some
> regions are finally "rising" ever so slightly,
> employment is stable and even growing a little in
> some sectors, and Walmart is still stocking their
> shelves.......so the choo-choo's will probably
> keep on rolling.
>
> EGBOK.....

At least the article does quote someone who mentions the fatal flaw of Capitalism, that it requires constant growth.

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Subject Written By Date/Time (PST)
  A little off topic,,Hanjin bankruptcy is the tip of the iceberg for flailing shippers News at Noon 09-19-2016 - 07:14
  Re: A little off topic,,Hanjin bankruptcy is the fodder for doom and gloomers? BOB2 09-19-2016 - 08:20
  Re: A little off topic,,Hanjin bankruptcy is the fodder for doom and gloomers? Pdxrailtransit 09-19-2016 - 09:43
  Re: A little off topic,,Hanjin bankruptcy is the fodder for doom and gloomers? burn baybay burn! 09-21-2016 - 11:51
  Re: A little off topic,,Hanjin bankruptcy is the fodder for doom and gloomers? Adam Smith 09-21-2016 - 19:38
  Re: A little off topic,,Hanjin bankruptcy is the fodder for doom and gloomers? Pdxrailtransit 09-22-2016 - 13:28
  Re: A little off topic,,Hanjin bankruptcy is the fodder for doom and gloomers? BOB2 09-22-2016 - 14:46
  Rant. Types of government. And how did we get here when starting with Hanjin's troubles? mook 09-22-2016 - 16:24
  Re: A little off topic,,Hanjin bankruptcy is the fodder for doom and gloomers? burn baybay burn! 09-22-2016 - 17:36


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