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To: 1rudeboy
The U.S. broke its monthly export record at least twice last year.

Yes, 2004 should prove to have been our best year ever for exports, beating out even 2000.

Here are the Census Bureau's numbers for the first 11 months of 2004, and for all of 2000:

Trade with World (seasonally adjusted) : 2004

NOTE: All figures are in millions of U.S. dollars.
Month Exports Imports Balance
January 2004 62,660.0 111,033.0 -48,373.0
February 2004 65,898.0 114,453.0 -48,555.0
March 2004 68,474.0 118,405.0 -49,931.0
April 2004 66,898.0 118,714.0 -51,816.0
May 2004 69,631.0 119,891.0 -50,260.0
June 2004 65,715.0 123,546.0 -57,831.0
July 2004 68,232.0 121,953.0 -53,721.0
August 2004 68,846.0 124,712.0 -55,866.0
September 2004 70,181.0 123,869.0 -53,688.0
October 2004 70,128.0 128,998.0 -58,870.0
November 2004 67,467.0 130,368.0 -62,901.0
TOTAL 744,130.0 1,335,942.0 -591,812.0



Trade with World (seasonally adjusted) : 2000

NOTE: All figures are in millions of U.S. dollars.
Month Exports Imports Balance
January 2000 62,543.0 93,900.0 -31,357.0
February 2000 62,409.0 95,901.0 -33,492.0
March 2000 63,135.0 99,176.0 -36,041.0
April 2000 63,814.0 99,242.0 -35,428.0
May 2000 63,632.0 99,651.0 -36,019.0
June 2000 65,997.0 103,019.0 -37,022.0
July 2000 65,711.0 103,349.0 -37,638.0
August 2000 67,763.0 103,665.0 -35,902.0
September 2000 67,562.0 106,396.0 -38,834.0
October 2000 66,845.0 106,056.0 -39,211.0
November 2000 66,691.0 103,993.0 -37,302.0
December 2000 65,816.0 103,673.0 -37,857.0
TOTAL 781,918.0 1,218,021.0 -436,103.0


88 posted on 01/25/2005 11:34:23 AM PST by snowsislander
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To: snowsislander

OK, lets imagine that your household income was $74k a year, but you spend $133k each year.

What eventually happens?

Year after year, your debt builds up till, finally, one day, creditors say, 'Whoa! Pay up on what you owe before we sell you any more credit!'

That is when the panic on the currency may start.

Our economic debt is about 80% of our income.

That is a disaster long due.


90 posted on 01/25/2005 1:47:41 PM PST by JFK_Lib
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