Urgent Update
Major Quake Warning Issued
With global tensions ready to build for 2-weeks from about October 25th on, one of the possibilities we've been watching - thanks to the heads-up predictive linguistics reports from www.halfpasthuman.com has been for something that will arise out of the global population portion of modelspace and which will be mainly economic in its impacts. Lots of things come to mind, but the recent increase in Pacific Plate earthquakes has been a particular worry, since a 8-or higher earthquake could do serious damage around the Pacific Rim depending on tsunami activities and such. So it's with this in mind that I just got a 'jaw dropper" from our Indonesia correspondent:
"George,
The BMG (Indonesian analogue to USGS) [http://www.bmg.go.id/depan.bmkg] has issued a rather specific warning for this coming Saturday, of a quake in the 8-8.5 range. Don't know how much stock I personally put in such a warning, but I will load up on supplies and stay at ground level for the weekend.
I guess we will all know the results come Monday...if the rest of the world doesn't fall apart by then.
Sampai jumpa,
Obviously we hope the warning is a false alarm, but when government seismographers issue a report like this, I tend to pay attention. Time to short insurance stocks?
Port for Breakfast
Here all these years you thought stale beer and pizza bones were the 'breakfast of champions," did you? We around here we start Mondays like this off with a stiff shot of port.
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Port of Long Beach inbound container traffic was down 19.4% for the month of September which is down 21.7% year to date.
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Over the viaduct and up the road a bit, the Port of Los Angeles shows September inbound going down 15.82% and for the year down 17.49%.
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Interestingly, the Port of Oakland is reporting total traffic up a bit compared with last month up a whopping 45.5% on inbound, up overall 2.38% for the month and Year to date, they're only down 11.6%.
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The Port of Seattle inbound was down only 4.9% month on month, but up about 4.8% compared with year ago figures.
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The Port of Portland is still working on their September figures...someone hand 'em a calculator? (Check here later on this week)
