A fools paradise!
Iraq heck, we are losing the Economic War
The Commerce Department said this morning the U.S. Trade Deficit widened by 5.3% in December to $61.2 billion, exceeding analyst estimates. Yikes, in ONE month!
Well that fits with China's 65% Trade Surplus Growth last year. 5.3% x 12 months = 63.6%.
The positive side of that is, with each month that our exports decline we will be losing less as there is . . . less to lose.
Now you know how the Prozac poppers think.
The next concern is with the strengthening bond between Mexico and China. This results with Mexico now buying more from China which is displacing more Mexican workers and also taking export market share away from the US.
Prepare yourself to see more Mexicans trekking north over the border looking for jobs that no longer exist. Note: the Chinese don't use Christmas Trees.
The solution is to buy shares in Chinese businesses where the only risk is the Communist Government might Nationalize everything at any time and leave you with nothing more than a good memory, providing you saved a copy of that page on your harddrive.
The Commerce Department said this morning the U.S. Trade Deficit widened by 5.3% in December to $61.2 billion, exceeding analyst estimates. Yikes, in ONE month!
Well that fits with China's 65% Trade Surplus Growth last year. 5.3% x 12 months = 63.6%.
The positive side of that is, with each month that our exports decline we will be losing less as there is . . . less to lose.
Now you know how the Prozac poppers think.
The next concern is with the strengthening bond between Mexico and China. This results with Mexico now buying more from China which is displacing more Mexican workers and also taking export market share away from the US.
Prepare yourself to see more Mexicans trekking north over the border looking for jobs that no longer exist. Note: the Chinese don't use Christmas Trees.
The solution is to buy shares in Chinese businesses where the only risk is the Communist Government might Nationalize everything at any time and leave you with nothing more than a good memory, providing you saved a copy of that page on your harddrive.
posted by Localfella at 9:55 AM
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