Baltic Dry Index (BDI)
What it is:
The Baltic Dry Index (BDI) is a leading economic indicator that measures demand for dry bulk shipping services worldwide relative to supply.
How it works (Example):
Every business day, researchers for the London-based Baltic Exchange survey prices of booking cargo around the world and compile the Baltic Dry Index. Since the BDI consists primarily of raw material inputs to intermediate or finished goods, it is said to accurately indicate future economic growth. Additionally, since the supply of shipping is highly inelastic, i.e., it takes a significant amount of time to produce more ships, small fluctuations in prices are easily observed in the index.
Why it Matters:
The BDI is seen as highly objective, due to the fact that the prices it tracks are not subject to speculative behavior by investors. In the aftermath of the most recent recession starting in 2008, many analysts are paying more attention to this index, as it foretold a sharp drop in economic activity.
In the longer run, collectivism will always fail. The same can be said of any strategy that seeks to disguise or eliminate entirely the price discovery mechanism.
Are you foolish enough to believe that most things do NOT occur as a result of a conspiracy?
noun, plural conspiracies.
the act of conspiring.
an evil, unlawful, treacherous, or surreptitious plan formulated in secret by two or more persons; plot.
a combination of persons for a secret, unlawful, or evil purpose:
He joined the conspiracy to overthrow the government.
Law. an agreement by two or more persons to commit a crime, fraud, or other wrongful act.
any concurrence in action; combination in bringing about a given result.
You're obviously in a distinct minority. Maybe you should quit while you're only a little behind.
Anyone possessing 50¢ in intellectual capital would recognize that reprobate for the shill that he is.
And they left the traitor Hamilton on the $10.
Some sort of settlement has already been agreed to in the matter; they are working out the details. Fines and some sort of censuring will no doubt come as a result.
The federal government gets the fines, though, and the people they screwed get nothing. It's a wonderful game.
The "greatest country on earth"? By what metric? In many respects we can hear the noise from the drain.
Yeah, by definition of the word "delegate" alone it would appear that the sordid mess should serve as an indictment of the entire process. So, what's supposed to happen when the will of the people is thwarted?
We should fear the "legislation" above becoming a model elsewhere especially closer to home.
We should also fear the "squeezing" of cash and related transactions. No doubt being reduced to barter or "credits" is part of the agenda.
An unconstitutional agency making an unconstitutional judgement as though it were law.