While readers are aware by now of the intricate trade link that binds Mexico to the US, it is more than merely autos and avocados. As the chart below shows, of the $302 billion in total Mexican exports (offset by $179 billion in imports), the largest two categories were electrical machinery & equipment, followed by nuclear reactors, boilers machinery & equipment, with motor only coming in third spot.
Over the last 5 years, I have warned that T-Mobile would start turning up the heat in the US dead beat carrier business (see links below). I call them dead beat carriers because they relied on a virtual duopoly of cash cow cash flows and failed toi innovate. They actually allowed Silicon Value to capitalize on thier apathy, and now they are rlelgated to bg dumb utlitiy pipes in lieu of the lifeblood... the synapses of communication and commerce between all people an businesses.
In President Trump's first official press conference with a foreign leader, the president sounded calm and collected, and reaffirmed the special relationship between the US and UK Some highlights:
British PM Theresa May says she and Trump have agreed on committing 100 percent to NATO pic.twitter.com/kdQOArSJpi
— NBC News (@NBCNews) January 27, 2017
Submitted by Michael Shedlock via MishTalk.com,
Global export of goods (priced in US dollars) has collapsed in Japan, the EU, and emerging markets, since their recovery highs following the great recession.
The US is the best of the lot, but US exports of goods are down substantially as well.
What’s behind the move? Is it protectionism? Currency related? Take a guess before reading further. The answer is coming up.
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Fourteen Years AFTER Bernanke Defined the U.S. Dollar as Worthless
Written by Jeff Nielson (CLICK HERE FOR ORIGINAL)