January 25, 2016

DOES ROBIN MASTERS KNOW?:

Shipping Rates So Low That Renting a Ferrari Costs More (Alex Longley, January 20, 2016, Bloomberg)

China's slowing growth has crushed shipping rates to such an extent that hiring a 1,100-foot merchant vessel would set you back less than the price of renting a Ferrari for a day.

Posted by at January 25, 2016 7:21 PM

  

« WINNING THE WOT: | Main | WHAT ECONOMY?: »