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To: expat_panama

http://www.bloomberg.com/video/china-passes-u-s-as-biggest-trading-nation-OtjcK9ldQvmSNxYdq2iK4A.html

Here’s one link.


54 posted on 06/18/2013 2:55:17 PM PDT by Cringing Negativism Network
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To: Cringing Negativism Network; All
So you want us to squander being the world leader in information, technology, and a thousand other areas so we can all assemble bicycles, sandals, and kitchen appliances?

Sign me up! I can't wait to quit my job as a software engineer!

The "tradable goods" balance is all defined by what you consider a "good". What you want us to do is the equivalent of going long on whale oil in the late 1800's.

55 posted on 06/18/2013 4:41:08 PM PDT by gura (If Allah is so great, why does he need fat sexually confused fanboys to do his dirty work? -iowahawk)
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To: Cringing Negativism Network; All
Something I just read that totally applies:

The downside to automation is that, eventually, there won’t be anything left for human people to do. You may call this a Luddite fallacy, but the logic is inescapable: Returns to productivity get undermined by ever larger pools of people unable to generate an income stream. You say there will be more need for people to service the robots, but that requires a baseline cognitive profile that is likely higher than what we have now (thanks in big part to immigration-fueled dysgenia), or higher than what we needed in the past when new tech supplanted older tech.

56 posted on 06/18/2013 4:46:01 PM PDT by gura (If Allah is so great, why does he need fat sexually confused fanboys to do his dirty work? -iowahawk)
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To: Cringing Negativism Network
China now produces and exports more than America.

actual numbers on that or is that just someone's 'feeling'?

http://www.bloomberg.com/video/china-passes-u-s-as-biggest-trading-nation-OtjcK9ldQvmSNxYdq2iK4A.html

Thanks for the link.  Getting good solid numbers on China is dodgy, the video may have been entertaining but the best I've found so far with "actual numbers" is --

US production = 2012: 15,684.8 Billions of Dollars

US export of goods'n'services = 2012: 2,194.491 Billions of Dollars

China exports 2012 = 2012: 2049.185 Billions of Dollars

China GDP (million current US$, 2011)7 318 499

Usually working with money means we're either working with totals of record account balances, or we're working with 'estimates' which can be little better than biased feelings.

62 posted on 06/19/2013 5:46:50 AM PDT by expat_panama
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