FEVER I AM Commentary on Banks goin' BUST!
Don't Panic! Big Banks are Failing!
Mike at FeverIAm
August 16, 2009
Baltic Dry Index down 25% since July.
Quote:
Separately, the Baltic Dry Index – measuring freight rates for bulk goods – has tipped over, dropping 25pc since late July. The shipping figures buttress reports that China has stopped building up stocks of metals and other commodities after a spate of frantic buying over the early summer.
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Colonial Bank Group (publically traded) becomes biggest bank failure of 2009.
See
(More Info) at youtube page for links to articles he references.
VIDEO (12:03):