There is a real collapse in shipbuilding In South Korea

The report on the production and ship orders has published in South Korea. Within four months of 2016, compared to the same period of 2015, the shipbuilding industry has lost a whopping 94% of orders. In other words, exactly one year, the number of orders for new ships sharply rushed to zero. Naturally, at this point in the shipbuilding industry are massive cuts.

Well, so far without reports on Caterpillar US engineering corporation which will show a drop in orders compared to the same time period last year in the next monthly report. That is a reduction of corporation of production has been observed for 41 months in a row. It can be argued that the collapse of production is observed not only in the United States. It occurs worldwide.

What do you think about this topic?


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