Sunday, December 20, 2015

The Baltic Dry Index Has Just Tumbled To A Record Low

cargo ship wikimediaThe Baltic Dry Index has long been one of the strongest indicators for global economic growth. It's a reliable measure of the world's supply and demand for raw materials, such as concrete, steel, coal, and food. Where this index stands not only gives you a glimpse into how healthy the global economy is, it also tells you how strong economic growth will be in the future. Unfortunately, it's looking worse than ever before.

This week the Baltic Dry Index fell by 4.7%, down to 484 points, which is the lowest level we've seen in 30 years. Or put another way, demand for the raw materials that are the building blocks of the modern world, hasn't been this low since Reagan was president. For the most part, this recent decline can be attributed to China's floundering economy, which was once the largest driver of global economic growth.

But truth be told, this isn't the first time that the Baltic Index has tumbled to a record-breaking low. It has bottomed out several times this year, most notably in January and March. Much like the stock market, it reached an astonishing high point in 2008 before completely collapsing. Unlike the stock market, it has never recovered.

baltic dry index
Contrary to what you hear on the news, the global economy is not recovering. Our politicians and talking heads are like dogs chasing cars. They chase the highs and lows of the boom-bust cycle and inform us accordingly, but they ignore the fact that the economy is getting worse with each cycle. They're missing the bigger picture. The Baltic Dry Index tells us the truth however. We've entered a period of long-term decline that could last for years.


  1. I disagree with this article's summary.

    1. I digress, I agree with this article's summary.

  2. If you had financial problems, then it is time for you to smile. You only need to contact Mr. Benjamin  with the amount you wish to borrow and the payment period that suits you and you will have your loan  within three working days. I just benefited for the sixth time a loan of 700 thousand dollars for a period of 180 months with the possibility of paying before the expiration date. Mr Benjamin has be helping me with loan.Make contact with him and you will see that he is a very honest man with a good heart.His email is and his WhatApp phone number is + 1-989-394-3740 

  3. Get Packers and Movers Jaipur List of Top Reliable, 100% Affordable, Verified and Secured Service Provider. Get Free ###Packers and Movers Jaipur Price Quotation instantly and Save Cost and Time. Packers and Movers Jaipur ✔ ✔ ✔ Reviews and Compare Charges for household Shifting, Home/Office Relocation, ***Car Transportation, Pet Relocation, Bike SHifting @ Packers And Movers Jaipur

  4. Packers and Movers Chennai Give Safe and Reliable ***Household Shifting Services in Chennai with Reasonable ###Packers and Movers Price Quotation. We Provide Household Shifting, Office Relocation, ✔ ✔ ✔ Local and Domestic Transportation Services, Affordable and Reliable Shifting Service Charges @ Packers And Movers Chennai

  5. Packers and Movers Bangalore - Reliable and Verified Household Shifting Service Providers Give Reasonable ###Packers and Movers Charges. Cheap and Best Office Relocation Compare Quotation for Assurance for Local and Domestic House Shifting and Get estimates today to save upto 20%, ***Read Customer Reviews - @ Local Packers And Movers Bangalore

  6. Packers and Movers Hyderabad Give Certified and Verified Service Providers, Cheap and Best ###Office Relocation Charges, ***Home Shifting, ✔✔✔Goods Insurance worth Rs. 10,000, Assurance for Local and Domestic House Shifting. Safe and Reliable Household Shifting Services in Hyderabad with Reasonable Packers and Movers Price Quotation @ Packers And Movers Hyderabad

  7. Packers and Movers Bangalore as a Services providing company can make all the difference to your ###Home Relocation experience. Bangalore based Company which offers versatile solutions, Right team that easily reduce the stress associated with a ✔✔✔Household Shifting, ***Vehicle Transportation. we help things run smoothly and reduce breakages and offer you seamless, Affordable, Reliable Shifting Services, Compare Shifting Charges. @ Packers And Movers Bangalore

  8. Hire Best Packers And Movers Mumbai for hassle-free Household Shifting, ***Office Relocation, ###Car Transporation, Loading Unloading, packing Unpacking at affordable ✔✔✔Price Quotation. Top Rated, Safe and Secure Service Providers who can help you with 24x7 and make sure a Untroubled Relocation Services at Cheapest/Lowest Rate @ Packers and Movers Mumbai