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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Sr K who wrote (91963)	12/24/2008 1:41:12 AM
From: dave9	Respond to of 116555

Europe's Biggest Car Terminal Bursting at the Seams Europe's biggest car terminal is bursting at the seams as unsold cars pile up, mirroring the dramatic situation in the automobile industry. More than 90,000 vehicles are clogging the shipping terminal in the north German port of Bremerhaven, waiting to find new owners. Detthold Aden, head of the BLG Logistics Group, which administers the facility said they can't move the cars, work on them or deliver them until they find buyers. yada yada doom and gloom and a picture of a car in the German port of Bremerhaven. dw-world.de

To: Sr K who wrote (91963)	12/24/2008 2:07:16 AM
From: mishedlo	Respond to of 116555

The article fit. I had been saving that NY times article so long that it was so out of date I could not use it. It was a very nice accent to the second article that cane out a couple days ago. No one else made the connection on the implications of the revised TALF. It was crystal clear to me the moment I read it. I always fear that someone will beat me to a connection like that. I simply did not have time to write it. Was too busy with FIV 1 and FIV 2. That took over 20 hours to write. I have another one on "trust" I want to do. Gary North beat me tonight. It was an obvious connection, but still no one wrote about it until North did tonight. Mine will be different IF I write it. I may not now. Mish