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Message from WTO to U.S.: Ignore the Trade Deficit (Say WHAT?!)

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posted on Jan, 29 2011 @ 09:20 PM
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Unable to quell fear and anger in some corners about America’s persistently high trade imbalances, the head of the World Trade Organization is now claiming that the way trade deficits are measured is a flawed process.


Article:www.economyincrisis.org...

Author:Dustin Ensinger

Creative Commons Attribution-ShareAlike license

This is just absurd. Now the WTO is saying the calculations behind it are flawed and that it's really 'smaller' than originally thought. Oh,so that's just supposed to make it all better?

And,they want to people to ignore it? How in the world can someone in America possibly ignore this? This is like a father patting his son on the head,giving him a lollipop and telling him not to worry about those 'nice men from the bank' who are moving all of the furniture out of their house. It's not just the trade deficit,it's the whole three-ringed international monetary circus people need to be worried about. We're at end-game here and they tell us not to worry?

The WTO is really grasping at straws on this one to try to keep the whole game of cyclical consumption going,no matter the cost. Globalization strategies are failing because we,as an entire planet,have failed ourselves by ever allowing such a game to be played in the first place. I think something is flawed here but it ain't the deficit and the impacts from it,that's for sure.




posted on Jan, 29 2011 @ 09:37 PM
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Dude... We are #ed, just prepare... Beans, bullets, and bandaids. Its gona happen regardless. Prep!


Deebo



posted on Jan, 30 2011 @ 04:38 AM
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The system of money has become more about control than a way to measure social input. The corruptness going on is not getting addressed as too many people have a problem with reality and the truth. The lies can only go on for so long when foundations are built on shifting sands. Hope the fall out targets the problem and not too many more innocent people are caught up in it.



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