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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 375.96-1.8%Nov 14 4:00 PM EST

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To: TobagoJack who wrote (43415)12/4/2008 5:34:32 AM
From: KyrosL3 Recommendations  Read Replies (2) of 217822
 
Here are imports and exports of countries as a percent of GDP for 2007:

stat.gouv.qc.ca

The US imported 17%, exported 12% of its GDP. The biggest import by far was oil. Food was a dominant export.

China imported 31%, exported 41% of its GDP.

It should be obvious who will be hurt more from a collapse of trade.

As to real estate agents, most Americans have a garage full of tools and are pretty good handymen, regardless of what their day job is. Moving over to energy infrastructure rebuilding, and making our own shoes shouldn't be that hard.

As for China, I am afraid all those manufacturing workers going back to their villages will be doing subsistence farming, rather than building yet another luxury western-style hotel for you to be the only guest :-)
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