CHINA BEATS UNITED STATES~ Thank you Washington

no we didn't hire president hussein, he's been forced down our throat

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]

We are soon to be the cheap labor country, over populated, with rampant poverty.

About 46% pure stupid, if the latest Obama approval rating poll is any indication.
[link to www.businessinsider.com]

:yes:

(Confession, I was that brilliant poster)

China's total trade volume was only 2.1 Trillion in 2007.


Now it's 3.87 Trillion.

America had to fall for China to Rise.

They will provide the 200 million man army.

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.

(Confession, I was that brilliant poster)

There is no way 46% approve - they must have taken this poll in the Democratic tea room.

:amsoc2:

5* and pin

you do know that US forced China to increase the value of its currency for them to sell their products more expensive .. right?

you do know that the US forced China to pay up more taxes for the US customs when they're exporting their products to US..right??

so tell me...what would have Romney done if he was president? threaten China?

they worked hard to become more successful , while most Americans (not all) sit on their fat ass and complain

THE ONLY ABSOLUTELY POSITIVELY WAY TO DEFEAT OUR GOVERNMENT IS TO BUY ONLY, AND I MEAN ABSOLUTELY POSITIVELY ONLY, AMERICAN MADE PRODUCTS... PERIOD END OF DISCUSSION,, WHEN YOUR ALL READY TO DO THIS LET ME KNOW..

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]

Written in caps = unread

And our largest export is debt.

Written in Caps because it the most important post on this whole website.. EVER..

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]

Who is selling American made?
The Amish? I work with them, let you in on a secret, they use power tools, cell phones, ATM's when your not looking.

They will provide the 200 million man army.

i am pretty sure that they took this poll in harlem...

Who is selling American made?
The Amish? I work with them, let you in on a secret, they use power tools, cell phones, ATM's when your not looking.
All of it made in China.