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US recycling: 'I don't even think we have an industry' http://apocadocs.com/s.pl?1231515639
"Across the street we would process 600 customers on a weekday, 1,000 at the weekend," he says. "The whole spectrum -- the homeowner who has stockpiled aluminium cans, the bar down the street that has a load of beer bottles, the liquor store with used cardboard. Now it's probably half that number."
Young is on the frontline of a crash in commodity prices that has seen the global market for recycled paper, cardboard, plastic, metals and glass all but disappear. In three weeks in October, the price of paper went from $200 to $20 a ton, corrugated cardboard dropped from $250 a ton in August to $100 in December. It is the worst he has seen since founding the company in 1963.
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[Read more stories about:
stupid humans]
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Sam says: "An unexpected side-effect of the economic slowdown: short-term thinking."
Westphal says: "WIth all due respect, Sam. UNEXPECTED?"
Sam says: "Only expected by those paying attention."
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'Doc Michael says:
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Looks like littering is back in style again. Heck, Nature can just swallow it all, right?
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