Economic Indicator: Map of Idle Container Ships in Singapore

Here is an interesting economic indicator; take a look at what appears to be hundreds of container ships docked and unused off the Singapore coast. If this isn’t a blaring example of putting the breaks on global trade, I don’t know what is. Since March 2009, 11.3 percent of the world’s shipping capacity has been idol. Follow FICRY’s Discussion of the Collapse of Industrial Demand by Clicking Here, and By Clicking Here.

from Chart Porn

Chart Source

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Economic Indicator: Map of Idle Container Ships in Singapore

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