New US Economy Policy Message Board

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Strategies & Market Trends : New US Economy Policy

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To: Arthur Tang who wrote (62)	9/24/1997 11:27:00 AM
From: Arthur Tang	of 435

The new economy and trade deficit. Trade deficit is here to stay. First, Iran and Saudia Arabia had trade surplus on oil export to america. Then, Japan had automobile export trade surplus. People's republic of china has apparel trade surplus. Taiwan has electronic export surplus. Canada has $43 billion surplus with United States. Mexico has $5 billion. Total about $145 billion trade deficit. People like us working on the new economy has never been alarmed. Why? We are having the best of time with dollars very strong and no material or resources to trade with these export countries. They take our strong dollars with nothing to buy. Arab oil money disappeared in our real estate. Japanese cash disappeared into our national debt, and some real estate. Chinese money is still sitting on the side line. Taiwan surplus went into their semicondictor industry expansion. Canada used the money to pay their own salary. Mexico has to repay loans. No country took any thing from America except paper money. When and if dollar devaluates. Poof! all the money will be gone but nowhere. Russians insist on bartering. You make something they need, for them to trade. They don't take money because money can not buy the things they are short of or want. We want to sell the products we want to make. But all these countries don't want to buy what we make(ie. right hand drive cars in left hand drive countries). Fortunately, we are working on complementary and supplementary economies to fit every one together. Import and export has to be balanced even though population disparity needs complicated trades to balance every ones' business in a mysterous way. And America, inc. is the answer. We go out to their country and earn our keeps. BRING THE FOREIGN CURRENCY BACK AND EXCHANGE CURRENCY FOR CURRENCY TO BALANCE OUR TRADES.

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