If you believe the GDP numbers, the better than expected unemployment numbers, and talk of recovery, then we highly recommend watching the following news report about dry ships container movement.
Looking for a leading indicator on the state of global economies? One of the best ways to tell if consumer consumption is increasing is by looking at cargo transportation via trucks, trains and boats. Ocean-bound shipping is not looking so good.
On a positive note, however, if you plan on moving to a safe haven outside of your home country, it should be pretty dawg-on cheap to get your stuff there. In fact, it’s probably cheaper to ship your household furniture from the USA to Europe* via a boat, then it is to pack up a U-haul and drive one-way from New York to LA (26 foot truck @ $2,600.00 USD).
Submitted by Rick Blaine
*Note: This is an example. We are not suggesting that Europe would be a safe haven.