• Sprott Money
    05/06/2016 - 06:03
    The US, in its own decline, is showing this same self-destructive tendency. The worse things get, the greater the inclination of the citizenry to say, “Carry on, everything’s fine.”

December US Trade Balance At $40.6 Billion On Expectations Of $40.5, $38.3 Billion Previously

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Fri, 02/11/2011 - 09:40 | 952398 LoneStarHog
LoneStarHog's picture

I guess Citi is no good with figures/numbers.....

Fri, 02/11/2011 - 09:46 | 952411 Xibalba
Xibalba's picture

who would've thought?

Fri, 02/11/2011 - 09:48 | 952415 papaswamp
papaswamp's picture

Either that or the 'revision' will be large. Be interesting to see.

Fri, 02/11/2011 - 09:44 | 952403 Internet Tough Guy
Internet Tough Guy's picture

Exporting all that expensive corn probably helps. Corn, the new gold.

Fri, 02/11/2011 - 09:45 | 952406 financeguru500
financeguru500's picture

Bernanke to PBoC, "Would you like that in Cash or Check?"

 

Fri, 02/11/2011 - 09:47 | 952413 101 years and c...
101 years and counting's picture

Does the export of inflation and banking fraud go into "services" or "goods"?

 

Fri, 02/11/2011 - 09:52 | 952421 financeguru500
financeguru500's picture

Well if your good enough at accounting, you can mark that exporting of inflation as profit to you thus making the trade balance smaller than it actually is.

Fri, 02/11/2011 - 10:27 | 952495 topcallingtroll
topcallingtroll's picture

You got it!

Fri, 02/11/2011 - 09:49 | 952416 Rodent Freikorps
Rodent Freikorps's picture

Wow. Only 40.6 Billion dollars. In one month. What a relief.

Fri, 02/11/2011 - 09:52 | 952418 BigJim
BigJim's picture

Don't worry, Tyler. If employment had increased by a similar 0.25%, they'd show Obama dancing in the Oval Office.

Fri, 02/11/2011 - 10:03 | 952441 f16hoser
f16hoser's picture

Yeah but, I'm sure we Exported 5 times that much Inflation! And, since when did Bernanke get a concious? Oh yeah, right after his banking assholes got their bonuses.

 

I'm grooming my kids to be bankers. That's where the real money is......

Fri, 02/11/2011 - 10:08 | 952453 101 years and c...
101 years and counting's picture

First thing you need to do is strip them of any morals they have. 

Fri, 02/11/2011 - 10:25 | 952489 Rodent Freikorps
Rodent Freikorps's picture

That's wrong.

Even Jesus hated bankers.

Fri, 02/11/2011 - 10:10 | 952457 John Law Lives
John Law Lives's picture

The balance of trade in goods and services for the USA has been negative EVERY SINGLE MONTH since January of 1992.  No exceptions.

http://www.bea.gov/international/#trade

You can click on the link "Trade in Goods and Services, 1992-present" on the site and see the spreadsheet with the data.

What a pathetic track record the Free Traders have developed.

 

Fri, 02/11/2011 - 10:25 | 952490 topcallingtroll
topcallingtroll's picture

Trading green pieces of paper for real goods and services? Great job as long as you can keep it.

Fri, 02/11/2011 - 10:37 | 952517 overmedicatedun...
overmedicatedundersexed's picture

"What a pathetic track record the Free Traders have developed."

 well, John ,it's worked really well for multinationals like GE. I guess you didn't get the memo: free trade for banksters screw the American middle class..no John it's working just as they knew it would.

Fri, 02/11/2011 - 11:10 | 952615 John Law Lives
John Law Lives's picture

Thanks for the memo and the history lesson.  That had never dawned to me that the elites had a purpose in mind...

Fri, 02/11/2011 - 10:12 | 952461 Sudden Debt
Sudden Debt's picture

THAT'S A LOT OF IPADS!!!

 

 

Fri, 02/11/2011 - 10:19 | 952477 Tense INDIAN
Tense INDIAN's picture

iv wave almost completed ......LOAD UP on those PUTS .........

 

http://markettechnicals-jonak.blogspot.com/

Fri, 02/11/2011 - 10:23 | 952482 NOPOMO
NOPOMO's picture

It is obvious Bernank POMO is hurting the US economy.  Hot money rushes overseas and causes inflation...reduces disposable income to buy stuff from US.  Little inflation in the US allows consumers to buy more cheap goods from overseas. 

The Bernank is wrong and will be shown the door by Mr. Market soon.

Fri, 02/11/2011 - 10:23 | 952483 topcallingtroll
topcallingtroll's picture

All is good.

Fri, 02/11/2011 - 10:26 | 952494 Rodent Freikorps
Rodent Freikorps's picture

Don't you know the Chinese have to be scratching their heads wondering where the hook is? No one can be this stupid.

Fri, 02/11/2011 - 10:54 | 952577 OMG
OMG's picture

Looks like Benny is going to trade in his helicopter for a jet.......we will have a new & improved Ben no more Helicopter Ben it will be Benney & the jets from here on out!

Fri, 02/11/2011 - 11:11 | 952617 Hephasteus
Hephasteus's picture

Is this from the department of "Cool Story Bro".

Fri, 02/11/2011 - 11:50 | 952751 Coast Watcher
Coast Watcher's picture

Dumb question, but which category includes oil imports?

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