Been running so long
I've nearly lost all track of time
In every direction
I couldn't see the warning signs
--The Go Gos
Zerohedge shares a new indicator for me: % change in real GDP vs % change in railcar loads of waste/scrap.
Last time railcar loads of garbage dropped this much was during the credit market meltdown.
Sorta gives new meaning to the notion of garbage in, garbage out.
Monday, August 6, 2012
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