posted on Sep, 10 2012 @ 04:30 PM
The United States is the world's biggest loser in international trade. Of the five largest exporting countries and regions, only the United States
has a trade deficit. Since 2000, the U.S. trade deficit has grown from $319 billion to a projected $495 billion in 2012.
Why on earth would the worlds so called 'superpower' have a trade deficit? Its Bizarro World.
The U.S. trade deficit with China continues to surge, a situation that could lead to "ominous consequence[s]" for the global financial system and
for the dollar remaining as the world's reserve currency, according to Ernest Preeg, senior advisor for international trade and finance at the
Manufacturers Alliance for Productivity and Innovation (MAPI).
The U.S. trade deficit increased from $326 billion in 2009 to a projected $495 billion in 2012, an increase of 52 percent.
By comparison, China's surplus over the same period increased by 94 percent, from $422 billion to $817 billion, and is on its way to breaking the $1
China is a trillion dollars in the black. The United States is 16 trillion dollars in the red. And the day traders are excited about US 'stimulus' ?
What a joke. What a joke on the American people that the best solution offered in response to poor job figures is to give taxpayer money to banks.
Quantitative Easing is giving American peoples money to banks. The media explains it by saying it will make it easier for people to borrow money. Ha!
They want you all in.
No smoke and mirrors can save the United States.
The United States needs leaders that will offer real solutions. To allow the Trade Deficit to increase 52% in the last three years is akin to suicide.
What is wrong with the American politicians? Who will save the American people?
edit on 10-9-2012 by freemarketsocialist because: (no reason given)
edit on 10-9-2012 by freemarketsocialist because: (no