Two from ZeroHedge:
First, there is a huge, gnarly backup of container ships etc. because of the Longshoremen's Union slowdown showdown. Their employer stopped the unloading of ships for four days over the weekend. Pictures are of the harbor in Long Beach, CA. (so maybe don't try to go there in a boat). ZeroHedge says the Retail Industry Leaders Association speculates if it turns into a total shutdown of western ports, this could become the impetus for the economy to totally crash.
Then, there has been an explosion at an Exxon refinery in Torrance, CA. Exxon is calling it an accident (as opposed to sabotage or terrorism), and unfortunately this is not the first accident they've had in Torrance. I wonder what this will do to the price of gas at the pump.
Notes for Friday – March 06, 2015
2 hours ago