LGBT President Obama exports buggery , China rules trade on the seas

 

“Those whom the gods wish to destroy they first make mad”

….ancient quote…..

 

Modern orthodox liberal  thought  is  essentially  delusion.

The  liberals  embrace  of  delusion as  orthodoxy is  not  unexpected  and   is  a  natural  progression  from the acceptance  of  relativism and  the   denial of  absolute  truth.

If  there  is no absolute  truth  and  truth is relative  i.e  your  truth is  not  my  truth  then  why not  ignore  “reality”  and  make  up one’s  own truth  e.g  Bruce  Jenner  aka  “Caitlyn”  is  a woman in fact “woman of  the year” and same sex “marriage”  is  equal  to heterosexual  marriage.  The latter   of  course  is  the equivalent  to  saying : 

                                                            5  +  5  =  5  +  10

The  problem with living delusions  is  that  reality persists  whatever  the  contortions  of  university trained  brains  and  other locos.

xxxxxxx  E N D   xxxxxx

http://www.forbes.com/sites/kenrapoza/2016/04/26/china-exports-may-be-declining-but-still-clobber-u-s-and-european-trade/#7687965d46e7

When It Comes To Trade, China Rules The Seven Seas
Kenneth Rapoza , CONTRIBUTOR
I cover business and investing in emerging markets.

Opinions expressed by Forbes Contributors are their own.

 

China trade

A man uses his mobile phone on his motorcycle in front of stacked shipping containers at a port in Shanghai in March 2016. China trade figures aren’t as impressive as they once were, but something is going on here that is more than meets the eye. (Photo by JOHANNES EISELE/AFP/Getty Images)

If you think China’s trade figures are bad, you must think that those of the U.S. are abysmal.

China is to world trade what Saudi Arabia is to petrodollars. It’s the alpha and the omega and no one comes close to China’s roll there. Many of the ships you see pulling into ports around the world are either going to China or just arrived from there.

Two years ago, China overtook the U.S. to become the world’s No. 1 exporter, accounting for 11.7% of all exports. Even though the global trade recovery since 2008 has been disappointing, the value of imports and exports have done even worse due to sharp price falls in many commodities. Yet, China’s exports still managed to expand at an average of 7% between 2012-2014, much of it helping to feed a record-breaking trade deficit with the U.S., and now accounting for more than 20% of the expansion in world trade, HSBC’s head of Asia research Qu Hongbing says.

In volume and value growth, nobody beats China.

Qu and his team recently released a 54 page report on China titled, “The Rise of the Redback”, where HSBC examines the yuan on its trajectory to becoming a global currency. HSBC has a lot at stake in China’s future. It is one of the biggest traders in offshore yuan in London and Hong Kong.

In a separate section on exports, HSBC report authors noted that China’s share of global exports actually rose to 12.3% in 2014, recording a 6% annual growth rate while the rest of the world saw a combined 0.5% annual contraction when China is excluded from the mix.

China’s merchandise exports contracted 2.6% in 2015, but that was the smallest decline since 2009. And it beats the 5.1% drop for U.S. merchandise exports during the same period. China exports to all major trade partners has remained steady with the U.S., of course, unable to give up on Made in China goods.

 

xxxxxxxxxxxxxxxx

 

The White House is illuminated in rainbow colors after today's historic Supreme Court ruling legalizing gay marriage in Washington

The White House is illuminated in rainbow colors after today’s historic Supreme Court ruling legalizing gay marriage in Washington June 26, 2015. REUTERS/Gary Cameron

 

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