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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: RealMuLan who wrote (20900)1/10/2005 1:06:32 AM
From: Cogito Ergo Sum  Read Replies (2) of 116555
 
Yiwu,

two quickies...

1)Much outsourcing is diverted East instead of Mexico or Canada now and Canada has quickly become less cheap... although that may be stabilising now..

2)
Trade with China Deficit in millions of dollars.. -131,083.7
census.gov

Trade with India comparitively falls in the who really cares category -8,115.0 census.gov

Even with Canada... The still the largest US trading partbner by a wide margin the deficit is -54,892.9
census.gov with Canadian imports from the US a hefty 157,501.0

regards
Kastel
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