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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: CalculatedRisk who wrote (17695)8/13/2004 2:14:14 PM
From: Jim Willie CB  Respond to of 110194
 
thanks, here is a rundown found on trade data

total imports at $148.6B
huge increases in deficits with key nations
+34% with EU with $10.6B, +37% with Canada to $6.6B
+29% with Mexico to $4.9B, increase of $2.1B with China to $14.2B

surprising drop in exports of 4.3% to $92.8B, with big drop in commercial aircraft

get this...
in one year, exports are up 9.7%, but imports are up 19.2%, with DXY up 18%

evidence of an imbalanced and structurally damaged US Economy !!!

only a crisis will force a remedy, whose system now is in complete denial

the low pressure zone is building power
foreign flight is right around the corner

/ jim