When people hear the world “armageddon” there are usually certain images the minds eye begins seeing. For each person it is probably little different with one exception. For the most part, there is nothing good associated with armageddon.

If we look at how our financial and economic worlds are beginning to unfold, especially over the past six months, we see nothing positive happening. Economies, around the world, are in free fall. How can I say this with such conviction? Well, if we look at the actual numbers, not the propaganda paraded as truth through the mainstream media, we begin to see just how bad it really is.

Two of favorite indices, the Baltic Dry Index (BDI) and the Shanghai Containerized Freight Index (SCFI), have been in free fall for most of 2015 and the trend is continuing into 2016. I can not even remember how many “new record lows” the BDI has hit during 2015. My guess is the first reading to come out in 2016 will continue the trend. The SCFI is bottom bouncing and the closing of 269 WalMart stores, worldwide, with 150 of those in the U.S., tells us all we need to know about how that particular index will proceed in 2016. If you have no finished goods to ship to the world, because the world is saturated in debt at all levels, there is no need to lease a containerized ship.

I sat down with Andy Hoffman, Marketing Director, Miles Franklin, to find out how 2016 may unfold according to his analysis. Andy, like other analyst, is seeing a global recession and probably the beginning of the Greater Depression. Sovereign debt, globally, is at levels the world has never seen before. Magicians tricks masquerading as monetary policies the world has never experienced. No one knows how to get out the current financial mess we find ourselves. It is an economic and financial nightmare that has been foisted upon the world by a handful of psychopaths who are trying to convince the world that everything is just fine. Well, it’s not.

Print Friendly, PDF & Email