Article

2009-09-15 Economy

Revealed: The ghost fleet of the recession

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Posted by 3dc 2009-09-15 00:00|| || Front Page|| [11126 views ] Top

#1 Walmart's Chinese Navy. Hope they more there until the second coming.

Posted by Besoeker 2009-09-15 03:57|| 2009-09-15 03:57|| Front Page Top

#2 Secretive?

They are directly under the flight path for Changi Airport.

And ships have been 'parked' there, albeit in lesser numbers, for years.

Posted by phil_b 2009-09-15 08:11|| 2009-09-15 08:11|| Front Page Top

#3 Impressive, but doesn't have the Wow Factor of Ulithi Atoll.

Posted by ed 2009-09-15 09:14|| 2009-09-15 09:14|| Front Page Top

#4 When does a recession become a depression?

Posted by Richard of Oregon 2009-09-15 11:10|| 2009-09-15 11:10|| Front Page Top

#5 When someone hands you a 'pick slip' Richard.

Posted by Besoeker 2009-09-15 13:32|| 2009-09-15 13:32|| Front Page Top

#6 It's a recession when your neighbor loses his job. It's a depression when you lose your job. Quoted from someone smarter than me.

Posted by whitecollar redneck 2009-09-15 13:38|| 2009-09-15 13:38|| Front Page Top

#7 Well, 2 consecutive quarters loss of GDP is a recession, I would say that 8 consecutive is a depression. We are almost there.

Posted by DarthVader 2009-09-15 14:17|| 2009-09-15 14:17|| Front Page Top

#8 "Recession is when a neighbor loses his job. Depression is when you lose yours. Recovery begins when Jimmy Carter loses his."

-- Ronald Reagan

Posted by Steve White 2009-09-15 14:47|| 2009-09-15 14:47|| Front Page Top

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