[Jumper]

Exports, if actually up to 13% of the US economy is a big deal... Historically, it has been 10% or less so even a 3% drop back to historical levels would have ramifications inside the US (labor markets, stock markets, Fed Reserve planning, State/Federal tax revenue, etc.). The country will suffer a corresponding global drop in valuation, and the banks under the G20/G9/G7 and Reserve Banks will manage this drop in economic activity. Maybe this is how the Fed gets the printed money out of the US and World Economy?

[expat_panama]

Exports, if actually up to 13% of the US economy is a big deal... Historically, it has been 10% or less so even a 3% drop back to historical levels...

Huh, you're right.  Those are the tallies from the BEA, that as a % GDP U.S. exports are at an all time high:

...Maybe this is how the Fed gets the printed money out of the US...

That's about the silliest possible explanation as for why all the Fed-printed-money did not cause inflation.   Foreigners don't use dollars, they got foreign money.  When the buy U.S. goods w/ dollars it's dollars they'd just gotten selling other stuff to us.  The real reason the Fed-printed-money did not cause inflation is that everyone stuck the money in banks that never loaned it back out..

[palmer]

Well this was a surprise to me

I figured our exports were higher after WWII and were dropping since, but it is basically the opposite.