"Worse Than 2008" World Trade Collapses To 10 Year Lows
!["Worse Than 2008" World Trade Collapses To 10 Year Lows "Worse Than 2008" World Trade Collapses To 10 Year Lows](https://5ux.com/sites/5ux.com/files/styles/medium_250/public/resize/remote/d4bad4187e08797998d0d257fdb3d189-494x398.png?itok=78mG1kE7)
Submitted by Wolf Richter via WolfStreet.com,
This wasn’t part of the rosy scenario.
The Merchandise World Trade Monitor by the CPB Netherlands Bureau for Economic Policy Analysis, a division of the Ministry of Economic Affairs, tracks global imports and exports in two measures: by volume and by unit price in US dollars. And the just released data for January was a doozie beneath the lackluster surface.