Monday, August 6, 2012

Stop and GIGO

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.

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