Lesson 1 2011 The US has Little that the Rest of the World Wants to Buy

The US Census trade deficit latest numbers, October 2010, indicate a $38B ( oh let us write that out $38,000,000,000) going the wrong way. Our most significant trade deficits are with with three countries:

•The goods deficit with China decreased from $27.8 billion in September to $25.5 billion in October. Exports increased $2.1 billion (primarily soybeans) to $9.3 billion, while imports decreased $0.2 billion (primarily household goods, computer accessories, and apparel) to $34.8 billion.

•The goods deficit with the European Union increased from $6.1 billion in September to $7.1 billion in October. Exports increased $1.5 billion (primarily pharmaceutical preparations; artwork, antiques, stamps, etc.; and passenger cars) to $21.8 billion, while imports increased $2.6 billion (primarily pharmaceutical preparations; passenger cars; and artwork, antiques, stamps, etc.) to $29.0 billion.

•The goods deficit with Mexico was virtually unchanged at $5.8 billion in October. Exports increased $1.3 billion (primarily natural gas, fuel oil, and soybeans) to $15.4 billion, while imports increased $1.3 billion (primarily crude oil and TV's and VCR's) to $21.1 billion.

Let us look closely at the largest trading partner, China. Now what is it the US can offer China? What is that that China wants?

Sharky&Sharky have a few associates that are in the Big C. They have toured Walmart in China and sent back a few photos of what the Chinese are buying. Of course the Chinese do not have the US nanny state restrictions on their products and they tell their environmentalist where the train stops. Since we are a nanny state and we have so many enironmentalist concerns, The US will not be able to supply the products that Chinese truly desire. The net is that China supplies products that we desire: Iphones, Ipads, Ipods, HP and Dell computers etc (see FOXXCONN), and thus they will provide job for their citizens. (Not to worry, not to many illegal aliens in China). By the By, India is predicting they will create 10,000,000 jobs for their citizens in 2011. But Sharky&Sharky digress. Back to China and a day at Walmart, let's will start in the grocery sections:

 Don't ask and we want tell what a Hot and Spicy Beef Granule is.

 What's on sale? What's fresh today? I think I saw this piece last week.

Why the hell didn't Sharky&Sharky think of Meat Water?

 HUH? Do they need Fat Water?

Gataors fresh Gators....Where is my fork??

 Chinese style Hog Head Cheese

 For the man who is know that size matters. This is not for punies...sorry ponies?

Is that a pickle in your pocket or a FROG? When you buy kosher pickles is the frog part of a surprise like in a Cracker Jack box?

 This is one where the US could reverse the trade deficit by just ridding our large cities; This is Brer Rat. Yummy Yummy!!

 Finally, the Gentleman who does not want to offend at those intimate moments. I think that our guy here needs some of that hoss milk.

    as always:

Sharky&Sharky want to thank our secret foreign correspondent/photographer for the WackyLeaks.