Global Collapse Now Accelerating As Central Banks Buy Gold

Sunday, August 19, 2012
By Paul Martin

KingWorldNews.com
August 18, 2012

King World News has contacts all over the world that send information to the network directly from the front lines of the global economy. These are the types of things you won’t hear in the mainstream media. Today we wanted to share a couple of these important communications. Below is the first one:

“I have spent 35 years working in U.S. manufacturing and currently work for a global company that dominates manufacturing of equipment that touches oversea shipping containers, before and after the cargo vessels (the shipyards). 2.5 months ago our backlog was 21 months, today our backlog is 15 months.

Needless to say we are worried about this declining backlog. Recently a directive came down from the CEO to cut costs and eliminate financial waste wherever possible, beginning with needless travel. Friday I was talking to a supplier of ours that said that Caterpillar has pulled all of their work so that this work could be in-sourced internally at CAT.

CAT is in a slowdown as well, which is pretty amazing due to all of their mining equipment….

The Rest…HERE

The Rest…

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