• +2.0% in Q3 2010 (advance estimate)
[Release: 10/29/10]
For the US to even sustain its basic payments on its last place account balances we must at least have a growth rate of 5%. To make payments and to actually be creating a positive income flow. 3% is redline we are still in the red.
• -0.1% in September 2010
Personal income is still shrinking.
• Deficit increased to $46.3 billion in August 2010(p) from $42.6 billion in July 2010(r).
The world loves trading with the US but their domestic economics fails to allow the US to trade with them. So the US gets shafted.
• Current-account deficit increased $14.1 billion to $123.3 billion in Q2 2010(p).
[Release: 9/16/10]
The account balances create a weak national stance for political movement. As the US becomes invalent to international politics or even able to create a better trade environment with others. As all they have to do is threaten to stop buying our ever deepening debt. However, that would be a good think. But our Washington DC folks would freak out and cause a panic much like the Soviet Union did. Instead of actually holding ground and allowing the Buckaroo to deplete so US products could create a positive income flow allowing the account balance to shrink instead of balloon. This is because the international societies do not pay respect to allowing the US to pay off its account balances or even created a positive income flow. Currently it is like this. The US uses it account balances as its international clout. However, the US is losing its quality of life and international clout system. As the Communist constantly press forward with their high account balances and positive flow of capital which can then be used to create more political and military ties. The US on the other hand has replaced the Soviet Union in account balances and horrible economic warfare games. Simply because of our weak national security economic policies.
I have had enough of this weakness and Soviet style international politics. Our capital inflow is ridiculous. As our citizens have no new allies to trade with while the communist pick up new trade allies all the time based on hate mongering and ant-Us rhetoric. This is because we have no command linking economic and military actions so as to create a new friendly environment for the US trade to deplete our account deficits. This is primarily due to the cognitive process created by Soviet Infiltration into our espionage departments. In which created a sense of win over the cold war. However, as stated before, all they did was loosen up their SOE's to gain more economic international control and sold a lot of weapons to their allies to build stronger satellite trade ties.
Suggestion is to bring back online the economic warfare units that were in the Cold War which relied more on capital building and less on war and deficit economics. This then created a sense of world creation. Were the US and the Communist went at it to create new places to trade with. However, the US at that time could actually compete. Now today we could not even get nuclear parts sales to a new developing country because everything is allowed to be done so cheap in the Communist countries.
Obviously we did not win the Cold War. The Communist are still furthering their cold war objectives. The only difference is now the US is not defending the world by also creating new economic ties with countries via friendly economic relations. Instead we secure the Communists back yard while then allowing them to gain resource contracts via their monopsony of SOE's with cartel like actions. By the way the UN defines enterprises as SOE's. Which means that since the Communist own all of their SOE's would it not be a cartel action in which they are committing.
Rideri
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