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CHINA BEATS UNITED STATES~ Thank you Washington

 
pool
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02/09/2013 07:28 PM

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CHINA BEATS UNITED STATES~ Thank you Washington
U.S. exports and imports last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China’s customs administration reported last month that the country’s total trade in 2012 amounted to $3.87 trillion. China had a $231.1 billion annual trade surplus while the U.S. had a trade deficit of $727.9 billion.


“It is remarkable that an economy that is only a fraction of the size of the U.S. economy has a larger trading volume,” Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics in Washington, said in an e-mail. “The surpassing of the U.S. is not because of a substantially undervalued currency that has led to an export boom,” said Lardy, noting that Chinese imports have grown more rapidly than exports since 2007.

“This trade imbalance is not representative of the amount of goods actually produced in China and exported to the U.S., but this perspective tends to get lost amidst the heated political rhetoric in the U.S,” said Prasad.

[link to www.bloomberg.com]
Thread: PAGE 1 UPDATES: Countries with Ebola~~ Suspects, Monitored, Outbreaks, Transfers, Denied, Maps and Negatives~COMPANY EXIT LIST

"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

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Desert FoxModerator
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02/09/2013 07:31 PM

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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We are the new China.
TOMABANEFOX
black calx
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02/09/2013 07:33 PM

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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We are the new China.
 Quoting: Desert Fox


And our largest export is debt. Winning combination.
[link to www.youtube.com (secure)]

Watch "The Money Masters" and read "The Creature From Jekyll Island" by G. Edward Griffin to unveil the true enemy.
Desert FoxModerator
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02/09/2013 07:38 PM

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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We are the new China.
 Quoting: Desert Fox


And our largest export is debt. Winning combination.
 Quoting: black calx


We are soon to be the cheap labor country, over populated, with rampant poverty.
TOMABANEFOX
Anonymous Coward
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02/09/2013 07:39 PM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
only true if you measure yourselves monetaryily
pool (OP)
Netizen Ribbonmind

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02/09/2013 07:45 PM

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Re: CHINA BEATS UNITED STATES~ Thank you Washington
only true if you measure yourselves monetaryily
 Quoting: tayto


Tell that to the Haitians.
Thread: PAGE 1 UPDATES: Countries with Ebola~~ Suspects, Monitored, Outbreaks, Transfers, Denied, Maps and Negatives~COMPANY EXIT LIST

"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

[link to www.livius.org]
pool (OP)
Netizen Ribbonmind

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02/09/2013 07:46 PM

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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We are the new China.
 Quoting: Desert Fox


And our largest export is debt. Winning combination.
 Quoting: black calx

I wouldn't be surprised if the nations' IRA's are more heavily funded by Chinese investments either.
Thread: PAGE 1 UPDATES: Countries with Ebola~~ Suspects, Monitored, Outbreaks, Transfers, Denied, Maps and Negatives~COMPANY EXIT LIST

"The earth is mother of us all, for she is just; but you, because you are unjust have pretended that she is your mother alone; and if you do not stop, I will not permit you to remain upon her."

[link to www.livius.org]
davvi

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02/10/2013 09:57 AM

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Re: CHINA BEATS UNITED STATES~ Thank you Washington
:amsoc2:

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Anonymous Coward
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02/10/2013 09:59 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
:amsoc2:

5* and pin
 Quoting: davvi


no we didn't hire president hussein, he's been forced down our throat
Anonymous Coward
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02/10/2013 10:16 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We are the new China.
 Quoting: Desert Fox


And our largest export is debt. Winning combination.
 Quoting: black calx


our largest export is our infrastructure
for which we were not compensated
sold out from under us by traitors
they who sell children to murderers for nickels
Anonymous Coward
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02/10/2013 10:22 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
:amsoc2:

 Quoting: davvi


The irony is so great, even a libtard should be astonished.
Spine monkey

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02/10/2013 10:22 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
China will implode within the decade.

I'll see if I can find the Stratfor report and post a link.

So far the Chinese focus has been on the coastal areas, developing trade, industry, etc. Now they have to try and do that for the bulk of the population living in rural squalor, environmental degradation, and decreasing supplies of fresh water.

They have enormous problems developing from the confluence of state-mandated economic growth, demographics, environmental factors, and a lack of energy.
Anonymous Coward
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02/10/2013 10:25 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We are the new China.
 Quoting: Desert Fox


We're the new Bangladesh.

Look it up.
RayGun

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02/10/2013 10:35 AM

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Re: CHINA BEATS UNITED STATES~ Thank you Washington
The root of our economic downturn is the trade imbalance with China. I've been in manufacturing for my entire life and watched company after company go out of business or shift production offshore. Our economy won't recover until our politicians protect our manufacturers.

On a side note. The wealth of America used to be centered in the manufacturing states like Michigan, Illinois, New York, and California. Now the money is all in Washington DC. Corruption of both political parties has ruined our future. The MSM has chosen destruction over truth. Tyrant
Anonymous Coward
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02/10/2013 10:42 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
At least you have the silver medal, US. But in a few years it will be bronze, and then a wooden medal.
Anonymous Coward
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02/10/2013 10:47 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
China will implode within the decade.

I'll see if I can find the Stratfor report and post a link.

So far the Chinese focus has been on the coastal areas, developing trade, industry, etc. Now they have to try and do that for the bulk of the population living in rural squalor, environmental degradation, and decreasing supplies of fresh water.

They have enormous problems developing from the confluence of state-mandated economic growth, demographics, environmental factors, and a lack of energy.
 Quoting: Spine monkey
Anonymous Coward
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02/10/2013 10:48 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
At least you have the silver medal, US. But in a few years it will be bronze, and then a wooden medal.
 Quoting: Anonymous Coward 32129936


lol? china is the only country coming close to the US in real terms anytime soon. unless the USSR reforms, it'll be a bipolar world; NATO vs china for the forseeable future. and no, i dont think russia and/or the middle east are a threat. russia doesnt even have a functional navy, and the middle east is full of people who want to spread the dark ages. i dont see a threat from the dark ages, or a rust fleet.
Anonymous Coward
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02/10/2013 10:54 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
At least you have the silver medal, US. But in a few years it will be bronze, and then a wooden medal.
 Quoting: Anonymous Coward 32129936


lol? china is the only country coming close to the US in real terms anytime soon. unless the USSR reforms, it'll be a bipolar world; NATO vs china for the forseeable future. and no, i dont think russia and/or the middle east are a threat. russia doesnt even have a functional navy, and the middle east is full of people who want to spread the dark ages. i dont see a threat from the dark ages, or a rust fleet.
 Quoting: Anonymous Coward 32213631


I don't speak about threats, but reality. Most countries around the world will have China as the biggest trading partner towards this decennium. In contrary, the US will lose most trading partners as it is not competitive enough compared the the Asian traders.
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02/10/2013 11:00 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
Washington is only partly to blame, if you want to know is really to blame for china's economic rise then look back to 1971 when David Rockefeller sent Henry Kissinger on a scouting trip to China.
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02/10/2013 11:03 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
U.S. exports and imports last year totaled $3.82 trillion, the U.S. Commerce Department said last week. China’s customs administration reported last month that the country’s total trade in 2012 amounted to $3.87 trillion. China had a $231.1 billion annual trade surplus while the U.S. had a trade deficit of $727.9 billion.


“It is remarkable that an economy that is only a fraction of the size of the U.S. economy has a larger trading volume,” Nicholas Lardy, a senior fellow at the Peterson Institute for International Economics in Washington, said in an e-mail. “The surpassing of the U.S. is not because of a substantially undervalued currency that has led to an export boom,” said Lardy, noting that Chinese imports have grown more rapidly than exports since 2007.

“This trade imbalance is not representative of the amount of goods actually produced in China and exported to the U.S., but this perspective tends to get lost amidst the heated political rhetoric in the U.S,” said Prasad.

[link to www.bloomberg.com]
 Quoting: pool


GOOD GOD THAT IS HORRENDOUS.

I wonder what our highest surplus number ever was
Anonymous Coward
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02/10/2013 11:04 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
best go get ya some more them i-products and fall-a-part garbage then.


I watch their news channels, looks like all they beating anyone at is enslaving and destroying the planet.
Anonymous Coward
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02/10/2013 11:04 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We are the new China.
 Quoting: Desert Fox


And our largest export is debt. Winning combination.
 Quoting: black calx


Truth needs to be told...

Germany was in a great depression after WW1. Along came Adolf Hitler. He said that Germany WILL NOT IMPORT. That importing stuff made a weak nation. He enforced that Germany will make their own stuff, and put the citizens to work !

He encouraged the women to stay home and raise their own kids. New homes were offered with no interest.

Imagine that, actual jobs ! new affordable housing ! strong economy and raising of kids in their own homes with their mother.

Start digging for the truth... and hope we get a leader that will have the intelligence to do the same here and put Americans to work.
Anonymous Coward
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02/10/2013 11:07 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
Its not remarkable at all, when you consider what they trade in. stuff that people need, like house hold objects, everything from toothbrushes to speakers, to toys, to tv's to furniture to cloths!!

How is it remarkable that a country that has a monopoly on just about every essential good item, is making more trade volume than the USA>

I dont have a single product in my house that says made in the USA on it.

The only product i used to have was my fender strat. But i guess china will be making them cheaper.
Anonymous Coward
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02/10/2013 11:09 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We need to limit free trade and be selective in immigration. Immigrants should agree to higher education or be higher educated upon arrival

We need to open up the factories again and make everything we need. We will have a surplus of availiable jobs.

America would be strong again.

Put the construction workers to work. Create millions of affordable homes around 80-100,000 dollars. The poor need a place to live too.

With strong jobs and plenty of work, more mothers can stay home with the kids.

Pride of making our own things instead of tainted or dangerous or substandard stuff from china will boost the morale of our country.

We have to show that we will not stand up for the cruel practices of factory employees in china that are commiting suicide. We will not do business with a communist nation that cannot ensure the welfare of its people.

We shall open up our own factory doors and take pride in what we are ourselves make

MADE IN AMERICA


:eagle1:
Anonymous Coward
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02/10/2013 11:22 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
"U.S. Commerce Department said last week."

Yeah, so sez the "U.S. Commerce Department".

.....Zero Credibility.....

If you thinks its O.K. to believe anything these Darwinian Selected Malignant Psychopaths have to say...

I have a Bridge for Sale over in Brooklyn New York.
Anonymous Coward
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02/10/2013 11:25 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
The root of our economic downturn is the trade imbalance with China. I've been in manufacturing for my entire life and watched company after company go out of business or shift production offshore. Our economy won't recover until our politicians protect our manufacturers.

On a side note. The wealth of America used to be centered in the manufacturing states like Michigan, Illinois, New York, and California. Now the money is all in Washington DC. Corruption of both political parties has ruined our future. The MSM has chosen destruction over truth. :Tyrant:
 Quoting: RayGun


needs to be repeated
Saddletramp
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02/10/2013 11:26 AM

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Re: CHINA BEATS UNITED STATES~ Thank you Washington
We are the new China.
 Quoting: Desert Fox


That's been the plan all along...to fold us into the Singapore model (The Chinese Model)...
"And how can a man die better than facing fearful odds, for the ashes of his fathers, and the temples of his Gods..." ~ Horatius

"Because he told the truth, and once you've heard the truth, everything else is just cheap whiskey..."
Anonymous Coward
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02/10/2013 11:26 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
Americans need work. It does not have to be union income nor does it have to be minimum wage. Lets reach a halfway point of livable income.
We need to slow down immigration until we can get the factories started up again. Thousands of American factories have closed down since trade with China began.

Americans do not want to fight for cashier jobs and stock boy jobs, selling and stocking chinese goods.

We need jobs. We need national Pride !

We need MADE IN AMERICA ! flag waver
Anonymous Coward
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02/10/2013 11:27 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
:amsoc2:

5* and pin
 Quoting: davvi


I know huh...
moses767

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02/10/2013 11:28 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
It is Very apparent that the new world order elites want to hand over all of our wealth to China and the rest of the world. Why? Because inorder to conquer us through poverty and great dispair, America must be brought down economically and politically and in every way possible. And next, they will also want a World War once they have gotten rid of our guns!! SO THE MOST IMPORTANT THINGS TO THESE DEVILS IS TO DISARM US!! AND THEY ARE WORKING ON THIS FEVERISHLY!! NO MATTER HOW MANY CHILDREN THAT THEY MUST KILL AND MURDER!!
Anonymous Coward
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02/10/2013 11:31 AM
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Re: CHINA BEATS UNITED STATES~ Thank you Washington
Complete and absolute BULLSHIT to claim the US economy is hundreds of times larger than China. This is a false claim that uses banking bullshit derivatives and credit swaps and mortgage backed securities that make the US economy appear to be trillions larger than China's.

Renmove all the false GDP "created" by banking derivatives and then compare to the two economies.

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