The ins and outs of the global scrap economy

The ins and outs of the global scrap economy
The ins and outs of the global scrap economy

The ins and outs of the global scrap economy

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The day after Thanksgiving is proudly known as the busiest shopping day of the year. The United States, of course, is very good at shopping, and our consumption habits have made us a global leader in the very big business of scrap. In fact, the U.S. has so much scrap that we export it in massive quantities. Adam Minter, columnist for Bloomberg World View and author of ‘Junkyard Planet: Travels in the Billion-Dollar Trash Trade,’ takes us inside what he says is a multibillion-dollar industry. (Photo courtesy of Adam Minter)