Not to mention the jobs created by getting Chinese goods to Americans consumers. Clearly unsustainable employment achievements when you surmise the goods are purchased with foreign credit! This month it is all coming to a head! Well timing matters not but the higher the oil price the quicker the collapse. One belief I do have is that when you see soft commodity markets rally and rally hard (wheat, corn, soy etc) then we are pretty close! The world functions on hand to mouth with food commodities and it is clearly dangerous for the national interest if you are a net food importer and the global environment turns ugly! Food is cheap right now and so it is a buy buy buy!
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