The BDI is an international index of shipping rates comprising information from all over the world. Therefore it is an index that cannot be manipulated or falsified by any one national government. This renders it particularly useful and reliable as a yardstick for the global economy. Listen to Bill Still introducing a discussion in the British parliament on the merits of the fiat currency currently in use. The first such discussion for 170 years. Ben Bernanke: the world’s most powerful central banker turned humble blogger. More drivel from him, I’m afraid. Why health insurance premiums must rise inexorably. The sham ‘recovery’ and young people. The future fate of truck drivers.
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