Sunday, October 16, 2011

Our Top 20 Fastest Growing Exports

Click to enlarge.

First they came for our jobs, but I did not complain because...

Source Data:
U.S. Census: Foreign Trade


Audrey said...

Somebody somewhere is eating a whole lot of bread...

Jazzbumpa said...

I'm very surprised to see:

2) Coal and Fuels, other
4) Petroleum Products, other
6) Fuel oil
7)Metallurgical grade coal

That's a lot of energy going out the door.


Stagflationary Mark said...


Bread is a highly complex product. ;)

October 5, 2011
The Case Against Commodities

Institutional investors have plowed tens of billions more into structured investment products, such as swaps tied to commodity indexes, according to Barclays.

Structured product

On the other hand the goal for the investment banks was to increase profit margins since the newer products with added features were harder to value, so that it was harder for the banks' clients to see how much profit the bank was making from it.

highly complex - the complexity of the return calculations means few truly understand how the structured product will perform relative to simply owning the underlying asset

Stagflationary Mark said...


Perhaps we'll make it up on semiconductors. NOT!

Semiconductor exports actually fell 5.9% from $31.654 billion to $29.801 billion. Oops.

purple said...

this is standard fare for less developed countries

Stagflationary Mark said...


I have often joked that I am neither a Republican nor a Democrat.

I'm a Banana Republican. Sigh.