MikeG
Senior Member.
As part of his Geoengineering Watch Global Alert News for November 14th, Dane Wigington forecasted the collapse of the world economy.
http://www.geoengineeringwatch.org/geoengineering-watch-global-alert-news-november-14-2015/
His source was a website, ACB.AZ which cites another website, Zero Hedge.
http://abc.az/eng/news_07_11_2015_92011.html
Wigington’s reliance on the Baltic Dry Index (BDI) to make his point caught my attention
Wikipedia gives some interesting perspective on the Baltic Dry Index:
https://en.wikipedia.org/wiki/Baltic_Dry_Index
Fluctuations within this “inelastic” system are fairly routine.
The point is that, although the BDI is a leading economic indicator, it is obviously not the only one and subject to important variables that Wigington either ignored or misread.

https://en.wikipedia.org/wiki/Baltic_Dry_Index
Although it has significantly declined very recently, historical context is important for the sake of a better perspective on the BDI’s value.
http://www.geoengineeringwatch.org/geoengineering-watch-global-alert-news-november-14-2015/
http://abc.az/eng/news_07_11_2015_92011.html
https://en.wikipedia.org/wiki/Baltic_Dry_Index

https://en.wikipedia.org/wiki/Baltic_Dry_Index
Although it has significantly declined very recently, historical context is important for the sake of a better perspective on the BDI’s value.