Off the coast of Singapore lies a 'parking lot' of 'ghost ships' twice the size of both the British and American navies!

This Daily Mail article is creepy on so many levels: Imagine rows and rows of empty container ships, oil tankers, and possibly cruise ships simply floating idle in some forgotten sea and no one knows for how long.

Will this stretch of coastline become the "La Brea Tar Pits" of fictitious wealth and capitalism? Will they all rust away because the cost of scrapping them is more than letting them rust?

From the Daily Mail:

"... The world's ship owners and government economists would prefer you not see this symbol of the depths of the plague still crippling the world's economies ..."

"... This is the time of year when everyone is doing all the Christmas stuff,' he points out.

'A couple of years ago those ships would have been steaming back and forth, going at full speed. But now you've got something like 12 per cent of the world's container ships doing nothing ...."

[Link]

In summary, this article truly illustrates that this is indeed your grandfathers' Great Depression.