House of Cards

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GrGr

Diamond Member
Sep 25, 2003
3,204
1
76
Originally posted by: wwswimming
Originally posted by: TastesLikeChicken
Originally posted by: ayabe
With the dollar in the toilet our exports should be skyrocketing....

Problems is, we don't make jack shit in this country anymore, we are a service economy.
How did the export of goods from the US rise over 25% this quarter and increase nearly 50 billion dollars compared to last quarter if we don't make anything here anymore?

American financial companies sell lots of financial products.

and there's always Core2Duo !

And machines and devices to kill people with.
 

3chordcharlie

Diamond Member
Mar 30, 2004
9,859
1
81
Originally posted by: TastesLikeChicken
Originally posted by: ayabe
With the dollar in the toilet our exports should be skyrocketing....

Problems is, we don't make jack shit in this country anymore, we are a service economy.
How did the export of goods from the US rise over 25% this quarter and increase nearly 50 billion dollars compared to last quarter if we don't make anything here anymore?

They would have risen 100%, or at least 25% of a much larger number, if your economy was more manufacturing-oriented. Of course, a high dollar is part of why manufacturing was dying in the first place.
 

Genx87

Lifer
Apr 8, 2002
41,091
513
126
Originally posted by: 3chordcharlie
Originally posted by: TastesLikeChicken
Originally posted by: ayabe
With the dollar in the toilet our exports should be skyrocketing....

Problems is, we don't make jack shit in this country anymore, we are a service economy.
How did the export of goods from the US rise over 25% this quarter and increase nearly 50 billion dollars compared to last quarter if we don't make anything here anymore?

They would have risen 100%, or at least 25% of a much larger number, if your economy was more manufacturing-oriented.
Of course, a high dollar is part of why manufacturing was dying in the first place.

You base this on what? Our manufacturing base is huge in the United States. What it isnt is the majority of jobs anymore. This has more to do with automation than offshoring. If we simply moved factories off shore there is no way our manufacturing base would continue to grow.

 

ayabe

Diamond Member
Aug 10, 2005
7,449
0
0
Originally posted by: Genx87
Originally posted by: 3chordcharlie
Originally posted by: TastesLikeChicken
Originally posted by: ayabe
With the dollar in the toilet our exports should be skyrocketing....

Problems is, we don't make jack shit in this country anymore, we are a service economy.
How did the export of goods from the US rise over 25% this quarter and increase nearly 50 billion dollars compared to last quarter if we don't make anything here anymore?

They would have risen 100%, or at least 25% of a much larger number, if your economy was more manufacturing-oriented.
Of course, a high dollar is part of why manufacturing was dying in the first place.

You base this on what? Our manufacturing base is huge in the United States. What it isnt is the majority of jobs anymore. This has more to do with automation than offshoring. If we simply moved factories off shore there is no way our manufacturing base would continue to grow.

Yes we still manufacture/grow food, autos, planes, pharma products, and some highly specialized equipment but we don't make consumer products. You will have a hard time finding clothes, blenders, or *pick a category* that were made in the US available at any store.

These consumer goods are what would be surging given the tanking dollar if we still made them here in any quantity.
 

teclis1023

Golden Member
Jan 19, 2007
1,452
0
71
Are you capable of multi-line posting, or do you just intentionally troll your "sky is falling" in every single-line, often single-sentence posts?

I'm just wondering if you're truly as worthless as you're making yourself out to be.
 

imported_Lothar

Diamond Member
Aug 10, 2006
4,559
1
0
Originally posted by: piotrgurin
Time to buy gold and silver. Do it before its too late.

It's already too late.
If you're just buying gold and silver now, you've already missed the boat.
 

piotrgurin

Senior member
Apr 4, 2005
343
0
0
I hope things aren't as bad as they look, but all the economics professors at my college are basically saying the same thing, that it is time to seriously start looking at commodities.
 

HombrePequeno

Diamond Member
Mar 7, 2001
4,657
0
0
Originally posted by: piotrgurin
I hope things aren't as bad as they look, but all the economics professors at my college are basically saying the same thing, that it is time to seriously start looking at commodities.

Are you even paying attention to the other posts?