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MichaelJN

MichaelJN
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  • Reviewed by Paulhokangsang on May 17, 10:33am

    Low demand is due to loss of jobs and recession. If all the governments will pump prime their economy with stimulus and distribute these money to the needy, it is tantamount to a minor re-distribution of wealth. A re-distribution of wealth, if it is done well will lead to productive capacity and consumption. Just like in a monopoly game, when 1 player wins all the money, what is there for play for the rest of the players? They walk away and go for a beer, leaving the monopoly game. In our real world, we cannot leave the Monopoly board, because we live on it. Our lives depended on it. So the best way is still to pump prime the economy to stimulate consumption. Consumption will stimulate employment and the betterment of the society.

  • Rated by robinbal on Apr 08 2009, 2:01am

    We have seen trade activity fall off a cliff. Asia-Europe is an unmit­igated disaster.

  • Rated by ChinaTrader on Jan 17 2009, 1:49pm

    People bought. buying and will buy, less or more. Life is not standing on the same place...

  • Rated by stephen-rees on Jan 16 2009, 4:13pm

    http://stephenrees.wordpress.com/2009/01/16/shipping-rates-hit-zero-as-trade-sin ks/

  • Rated by km on Jan 15 2009, 6:29am

    That's pretty cheap!

  • Rated by Inertial-Mass on Jan 14 2009, 12:24pm

    Although the shipping statistics look bleak, the picture of the shipping containers at the port is strikingly beautiful.

  • Rated by otisagabey on Jan 14 2009, 12:02pm

    I am not really sure if 'zero' passes as recession anymore. Maybe we should switch to using 'meltdown'.