oh excuse me! ever heard of Asian exporting economies?
take a look at China, whose trade surplus is now running almost double last year, and still expanding
these guys hold over $250B in TBonds
and Japan, and Singapore, and Korea, and Taiwan
do some homework
I dont put it all in any one place, as you seem to do
our trade gaps are widely dispersed across the globe
Asian trade gaps are monstrous big
Sony, Matsushita, Kenwood, JBC, Toyota, Nissan, Honda, Toro, Nintendo, Hyundai, KIA
lots of lots of electronic components also
surely, you didnt forget these names?
let's not forget Canadian oil/gas/minerals
the irony of these MiddleEast conflicts is that our trade deficits will rise, not fall
we would rather throw our weight around than solve problems
and thus invite the blowback that the CIA describes so well now
e.g. Iran, Afghanistan, VietNam (a list that will grow)
/ jim |
