Topic: British News :Is This The Death of America? (Read 334 times)
China’s trade surplus shrinks to $12.9 billion in September
Falling surpluses point to end of China’s role as `dollar recycler,’ analyst says Story
Comments Screener (19) Alert Email Print ShareBy Chris Oliver, MarketWatch
HONG KONG (MarketWatch) — China’s trade surplus contracted in September at a faster-than-expected pace, as the gap between what the nation sells to and buys from the world continued to shrink.
Analysts said the report adds to evidence that the country will swing to a trade deficit early next year.
China’s trade surplus in September totaled $12.9 billion, down about 56% from a year earlier. Median market expectations were for a surplus of $15.8 billion, according to calculations by Dow Jones Newswires. Continue reading
AS WE LOOK AT THE ECONOMIC EVENTS THAT ARE NOW BEING THRUST TO CENTER STAGE REGARDING THE AMERICA DOLLAR DECLINE(AND THE BRITISH POUND) ONE SHOULS LOOK DEEP INTO THIS LITTLE MAN CALLED ELIJAH MUHAMMAD.HE SAID THESE THINGS DECADES AGO WITH PRECISION.LONG BEFORE YOU PETER SCHIFFS.LONG BEFORE YOUR GERALD CELENTES.LONG BEFOR YOUR JIM ROGERS ECT…I ADVISE YOU ALL TO LOOKJ AT HIM IN TRUTH REGARDLESS TO YOUR RELIGIOUS AFFILIATION.
LET US LOOK AT THE BOOK ,”THE FALL OF AMERICA” COMPILE IN THE EARLY 1970’S.THE CHAPTER ENTITLED…”DECLINE OF THE DOLLAR”….;”1 The strong-hold of the American government is falling to pieces. She has lost her prestige among the nations of the earth. One of the greatest powers of America was her dollar. The loss of such power will bring any nation to weakness, for this is the media of exchange between nations. The English pound and the American dollar have been the power and beckoning light of these two great powers. But when the world went off the gold and silver standard, the financial doom of England and America was sealed. Continue reading