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  • Bye Bye Greenback [View article]
    Fitzman,

    Here is some more interesting information from cia.gov

    Reagan & Bush 41 championed NAFTA and look at the trade flow of goods between Canada, USA and Mexico.

    USA imports $309 billion from Canada and $208 billion from Mexico
    USA exports $245 billion to Canada and $134 billion to Mexico

    Bear in mind there is some imbalance, but a substantial part of US imports are oil, gas and raw materials used to grow the US GDP.

    Thanks to Bill Clinton's lack of a proper trade agreement with China look at the numbers for the flow of goods between the USA and China

    USA imports $332 billion from China
    USA exports $64 billion to China

    That is a 5 to 1 trade imbalance !
    Dec 18 10:18 am |Rating: +4 -2
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