Business/Finance
See other Business/Finance ArticlesTitle: We Are Being Killed On Trade – Rapidly Declining Exports Signal A Death Blow For The U.S. Economy
Source:
[None]
URL Source: http://sgtreport.com/2016/03/we-are ... eath-blow-for-the-u-s-economy/
Published: Mar 16, 2016
Author: Michael Snyder
Post Date: 2016-03-16 11:14:38 by christine
Keywords: None
Views: 180
Comments: 10
Exports fell precipitously during the last two recessions, and now it is happening again. So how in the world can anyone make the claim that the U.S. economy is in good shape? On my website I have been repeatedly pointing out the parallels between the last two major economic downturns and the current crisis, and I am going to discuss another one today. Since peaking in late 2014, U.S. exports have been steadily declining, and this is something that we never see outside of a major recession. On the chart that I have shared below, the shaded gray bars represent the last two recessions, and you can see that exports of goods and services plunged dramatically in both instances… Click for Full Text! Post Comment Private Reply Ignore Thread
Top • Page Up • Full Thread • Page Down • Bottom/Latest
The beauty of the second amendment is that it will not be needed until they try to take it away-Thomas Jefferson
"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning
"Define yourself as one beloved by God. This is the true self. Every other identity is illusion."—Brennan Manning
"Have Brain, Will Travel
“The most dangerous man to any government is the man who is able to think things out... without regard to the prevailing superstitions and taboos. Almost inevitably he comes to the conclusion that the government he lives under is dishonest, insane, intolerable.” ~ H. L. Mencken
Top • Page Up • Full Thread • Page Down • Bottom/Latest
|