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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: gregor_us who wrote (99772)	7/17/2009 5:17:05 PM
From: Sweet Ol	Respond to of 116555

Though, if FED would simply credit every tax paying American 150K against a submitted schedule of current debt, we might have a shot at reviving demand. Please explain how adding 25 Trillion dollars to the national debt would revive demand? Blessings, JRH

To: gregor_us who wrote (99772)	7/17/2009 6:54:05 PM
From: Elroy Jetson	Respond to of 116555

California Exports are down 25%, but Imports are down 37.1%. California's exports fall, study shows Friday, Jul. 10, 2009 sacbee.com California merchandise exports continued a seven-month plunge in May, when Golden State exports fell 25.2 percent compared with last year, according to the University of California Center Sacramento. The UC center said California exports totaled $9.5 billion in May, down from $12.7 billion in goods shipped abroad in May last year. The center's analysis is based on data released today by the U.S. Commerce Department. "The May export numbers offer no encouragement that economic recovery will be a near-term thing," said Jock O'Connell, the UC center's international trade and economics adviser. "These were the lowest California export totals for the month of May since 2004." The center said California's manufactured exports fell by 28 percent in May, while agricultural goods and other non-manufactured exports shrunk by 23.3 percent. Re-exports of goods previously imported into the state were off by 15.4 percent. The center said California's year-to-date exports of $46.4 billion are down by 22.5 percent from $59.9 billion in the year-ago period. Import figures were likewise dismal. The center said the value of foreign goods entering the United States through California dropped by 31.7 percent in May compared with last year. .