Wednesday, April 16, 2014

World Trade Trends

Take a look at the last twelve months...  looks like the previous twelve months... pretty steady.


Goods and Services Deficit Decreases in November 2013
















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2 comments:

Anonymous said...

http://www.sovereignman.com/trends/the-richest-man-in-asia-is-selling-everything-in-china-14208/

Li Ka-Shing, the richest guy in asia is selling everything he owns in China (What does he see that others do not to cause him to do such a thing?). Although China is only about 2-4 % (?) of U.S. trade, do you think a severe downturn in China could have a big impact on the U.S. economy?

John Wiley Spiers said...

I think when any go down, they all will. USA will be far worse off than China, which will be bad too, because too few people can support themselves, too many need a welfare check to make it day to day, like the Boeing Executives and Microsoft.

In China the military has to turn a profit, whereas in the USA they complain they do not get enough free stuff "for their service."

For how it will go bad here there is no preparation. Just be able to do business.