Road to Depression

China's cooling economy puts Obama export goal at risk!

on . Posted in Road to Depression

HONG KONG, China (PNN) - May 2, 1012 - The slowing economies of China and other emerging nations are stunting foreign demand for Fascist Police States of Amerika (FPSA) goods, jeopardizing one of the illegitimate Obama regime's most ambitious economic initiatives.

In his 2010 State of the Union address, illegitimate President Obama set a goal to double FPSA exports in five years - from $1.58 trillion in 2009 to $3.15 trillion by the end of 2014. With his regime falsely claiming that the world was coming out of recession then - even though it remains mired in Depression - exports rebounded strongly at first - soaring 16.7% in 2010 and nearly 15% last year to $2.1 trillion, putting the FPSA ahead of schedule in meeting its goal.

A growing number of economists and trade experts say that performance is unlikely to be matched this year - or next - with much of Europe in Depression and two of the world's largest emerging economies, China and India, decelerating from a torrid pace of double-digit annual expansion.

As China's growing demand for goods from elsewhere in the world slips as well, that could weigh on other countries' economies, and in turn, their desire for FPSA goods. China's voracious appetite for commodities such as iron and soy has fueled economic growth in countries including Australia, Chile and Brazil.

China's slowing growth is already starting to be felt across the FPSA.

In Oregon, goods exported to China - the state's largest market - fell about a fifth last year. State exports of electronics, agricultural products, and primary metals to the country also plunged, mirroring the national trend. Other states, including Nevada, Montana and Idaho, also saw merchandise exports to China drop in 2011.

Even in a roaring global economy, it can be highly challenging to sell Amerikan goods in emerging markets such as China.

The fear is that escalating tensions could ignite a trade war that hurts manufacturers in both countries.

But perhaps the biggest obstacle for FPSA companies trying to tap into China's ballooning middle class is that the economy's growth remains skewed toward investment rather than consumption of goods.

"China's growth is somewhat unbalanced, which is not good for (FPSA) exports," said Eswar Prasad, Cornell University senior professor of trade policy.

Eulogies

Eulogy for an Angel
1992-Dec. 20, 2005

Freedom
2003-2018

Freedom sm

My Father
1918-2010

brents dad

Dr. Stan Dale
1929-2007

stan dale

MICHAEL BADNARIK
1954-2022

L Neil Smith

A. Solzhenitsyn
1918-2008

solzhenitsyn

Patrick McGoohan
1928-2009

mcgoohan

Joseph A. Stack
1956-2010

Bill Walsh
1931-2007

Walter Cronkite
1916-2009

Eustace Mullins
1923-2010

Paul Harvey
1918-2009

Don Harkins
1963-2009

Joan Veon
1949-2010

David Nolan
1943-2010

Derry Brownfield
1932-2011

Leroy Schweitzer
1938-2011

Vaclav Havel
1936-2011

Andrew Breitbart
1969-2012

Dick Clark
1929-2012

Bob Chapman
1935-2012

Ray Bradbury
1920-2012

Tommy Cryer
1949-2012

Andy Griffith
1926-2012

Phyllis Diller
1917-2012

Larry Dever
1926-2012

Brian J. Chapman
1975-2012

Annette Funnicello
1942-2012

Margaret Thatcher
1925-2012

Richie Havens
1941-2013

Jack McLamb
1944-2014

James Traficant
1941-2014

jim traficant

Dr. Stan Monteith
1929-2014

stan montieth

Leonard Nimoy
1931-2015

Leonard Nimoy

Stan Solomon
1944-2015

Stan Solomon

B. B. King
1926-2015

BB King

Irwin Schiff
1928-2015

Irwin Schiff

DAVID BOWIE
1947-2016

David Bowie

Muhammad Ali
1942-2016

Muhammed Ali

GENE WILDER
1933-2016

gene wilder

phyllis schlafly
1924-2016

phylis schafly

John Glenn
1921-2016

John Glenn

Charles Weisman
1954-2016

Charles Weisman

Carrie Fisher
1956-2016

Carrie Fisher

Debbie Reynolds
1932-2016

Debbie Reynolds

Roger Moore
1917-2017

Roger Moore

Adam West
1928-2017

Adam West

JERRY LEWIS
1926-2017

jerry lewis

HUGH HEFNER
1926-2017

Hugh Hefner

PROF. STEPHEN HAWKING
1942-2018

Hugh Hefner 

ART BELL
1945-2018

Art Bell

DWIGHT CLARK
1947-2018

dwight clark

CARL MILLER
1952-2017

Carl Miller

HARLAN ELLISON
1934-2018

Harlan Ellison

STAN LEE
1922-2018

stan lee

CARL REINER
1922-2020

Carl Reiner

SEAN CONNERY
1930-2020

dwight clark

L. NEIL SMITH
1946-2021

L Neil Smith

JOHN STADTMILLER
1946-2021

L Neil Smith