John Rubino writes, “Between that Russian plane being taken down by a soda can bomb and the recent Paris attacks, travel is losing some of its appeal.
Last night, for instance, I was at a party talking to a friend who’s retiring soon. When asked about his plans, he said he’d love to visit Italy, where he has some relatives. But not right now. “There’s a lot to see right here in the Pacific Northwest,” he said. “And you don’t have to fly to get there.”
With less tourism comes less trade, and with less trade comes less growth — as if the already-over-leveraged and sputtering global economy needed another push towards the edge. See Container freight rates plummet 70% in 3 weeks. And there’s news from a pig farm in China that there’s a potential super bug epidemic brewing, for which there is no cure. Listen on and get the scoop.
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