Economy News for Fri 10 Feb 2012

[Cheryl Nelson]

Why Is Global Shipping Slowing Down So Dramatically?

http://theeconomiccollapseblog.com/archives/why-is-global-shipping-slowing-down-so-dramatically

The Federal Reserve's Explicit Goal:  Devalue The Dollar 33%

http://www.forbes.com/sites/charleskadlec/2012/02/06/the-federal-reserves-explicit-goal-devalue-the-dollar-33/

Why Our Currency Will Fail

http://www.chrismartenson.com/blog/why-currency-fail/70928

Foreclosure Deal To Spur New Wave Of Home Seizures, Help Heal Market

http://www.bloomberg.com/news/2012-02-09/foreclosure-deal-to-spur-new-wave-of-u-s-home-seizures-help-heal-market.html

Greek Death Spiral Accelerates

http://blogs.telegraph.co.uk/finance/ambroseevans-pritchard/100014720/greek-death-spiral-accelerates/

Oil Down Near $98 On Greek Bailout Uncertainty

http://finance.yahoo.com/news/oil-down-near-98-greek-134318010.html;_ylt=ApINPYiLv7qrcIoqyGU_rTyiuYdG;_ylu=X3oDMTN0Mmllc2kxBG1pdANOZXdzIFRvcGljIDIEcGtnAzU3Yzg1M2EzLTI4Y2QtM2Q3Yy1hM2UxLTcwMDQ4OGE4NTYyYwRwb3MDMwRzZWMDTWVkaWFTZWN0aW9uTGlzdAR2ZXIDNzJkZmY1MjAtNTNlZC0xMWUxLWI4ZmYtM2U0MTJhOGNkMDBh;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Stocks Fall Sharply As Greek Deal Is Held Up

http://finance.yahoo.com/news/stocks-fall-sharply-greek-deal-164503882.html;_ylt=Aotjbv9qUyQjYhj5pcCEBqiiuYdG;_ylu=X3oDMTNydmptNWdyBG1pdANGUCBUb3AgU3RvcnkgTGVmdARwa2cDZDg1MDBhMWQtYzJhMC0zM2MyLWFlNmItODVmNjA1MDc2NmNlBHBvcwMyBHNlYwN0b3Bfc3RvcnkEdmVyAzhiYTI1NjEwLTU0MzQtMTFlMS1iZWYzLTIwZTkzYTM3ZDVlOQ--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Trade Deficit Widens To $48.8 Billion In December

http://finance.yahoo.com/news/trade-deficit-widens-48-8-134124698.html;_ylt=AqOLJ.V3c4Ptb2Y1mcMlxSSiuYdG;_ylu=X3oDMTQ0MmM2dDhvBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDYmEwMjg0OTctNDk1NS0zOTllLTk4MzEtM2Q0YmFmNGYxYTEzBHBvcwMxBHNlYwN0b3Bfc3RvcnkEdmVyA2U3ZmZhYTAwLTU0MDQtMTFlMS1hYTU2LTUyZWUzNWJhNmNkNQ--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

S&P Lowers Ratings On 34 Italian Banks

http://finance.yahoo.com/news/p-lowers-rating-34-italian-231043499.html;_ylt=Av.cwmfaJeJHMC4OmY8G.sKiuYdG;_ylu=X3oDMTQ0bGxjdmlzBG1pdANGaW5hbmNlIEZQIFRvcCBTdG9yeSBSaWdodARwa2cDZjlhNjc4ZWItMzFjNi0zNTRjLThiOTItNzc4MWE5ZmJmMmYxBHBvcwM0BHNlYwN0b3Bfc3RvcnkEdmVyA2M5Mjc0MzMwLTU0M2MtMTFlMS1iN2ZiLTVmZjdkOTJmZWMyYQ--;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Dow Has Worst Day Of 2012

http://www.marketwatch.com/video/asset/dow-has-worst-day-of-2012-2012-02-10/BA6B426A-43EF-4A9F-A0E4-5D7275510A34

Is It Time To Prepare For A Market Sell-off?

http://finance.yahoo.com/blogs/breakout/time-prepare-market-sell-off-160829136.html;_ylt=AqweADTpw.5FPm9ffy9BT_SiuYdG;_ylu=X3oDMTNzMWNyYzZjBG1pdANGUCBCcmVha291dARwa2cDNjRjZTMxYWItOGU0Mi0zODljLTk5MTgtYjI1NjI4OGY3ZmZlBHBvcwMxBHNlYwNNZWRpYVNlY3Rpb25MaXN0BHZlcgM5ZjFhZGFhMC01NDExLTExZTEtYTk3Zi1hNzkxZWI3ZWU5ODk-;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

Gold Drops As Greece Delay Lifts Dollar

http://finance.yahoo.com/news/gold-drops-1-greece-delay-150242760.html;_ylt=Am37glLgEjj0Sk5EhLt8CTqiuYdG;_ylu=X3oDMTN0cGFxdTJjBG1pdANOZXdzIFRvcGljIDIEcGtnA2MxMmY3YzQzLWYyNzItMzExYi1iMzAwLTcxNTFiZGI3MDNhNgRwb3MDMQRzZWMDTWVkaWFTZWN0aW9uTGlzdAR2ZXIDODMwNzhiMTAtNTNmOC0xMWUxLTk4ZTctNjUzZjQ1MDhkYWU1;_ylg=X3oDMTFvdnRqYzJoBGludGwDdXMEbGFuZwNlbi11cwRwc3RhaWQDBHBzdGNhdANob21lBHB0A3NlY3Rpb25zBHRlc3QD;_ylv=3

[Cheryl Nelson]

That's right.  Been watching it for over three years.  Key indicator.

[Byron wilkins]

Ships traffic what a great way to guage what is happening in the world. Running in deficit can only go on so long.