Posts Tagged ‘Mexico’

Captain Rick: The U.S. Trade Deficit widened to $44.5 billion in June, significantly passing economist’s guess of $43.1 billion and 8.7 percent higher than a revised May deficit of $41 billion. This represents an annual rate of $534 billion. That means nearly a half trillion dollars earned by Americans each year are floating to places like China and Mexico to support their economy and GDP instead of America’s.
 
The U.S. trade deficit is caused by many reasons. One of the biggest reasons is because of poor trade deals like NAFTA, which send billions of dollars to Mexico each year to feed their economy, instead of adding to the U.S. economy. The last thing America needs is Obama’s TPP trade deal, which resembles NAFTA on steroids. Another big reason is because of U.S. labor unions, which push for higher wages and benefits for members, with the notorious outcome of forcing American companies to shut down manufacturing in the U.S. and move it to places like China and Mexico to reduce labor expense and increase profit. 

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Photo: U.S. President Obama and Xi Jinping, General Secretary of the Communist Party of China, President of the People’s Republic of China, and the Chairman of China’s Central Military Commission. Perhaps they are shaking hands on how well China is benefiting from current trade deals between the U.S. and China … at the expense of America.

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Captain Rick: A global rally in stocks came to an abrupt halt Thursday with a 7% plunge on Japan’s Nikkei index … the biggest one-day drop since the 2011 earthquake and nuclear disaster.
European markets fell by 2% with Germany’s DAX down 2.4% and France’s CAC 40 down 2.1%. This was preceded yesterday by U.S. markets dropping about 0.8%.

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What caused this? Investors were rattled for three big reasons:

Japan: The Japanese rally had gone too far too fast. The Nikkei has surged by more than 70% over the last 12 months, far outpacing other markets.
‘Abenomics’, Japan’s version of ‘Quantitative Easing,’ has pumped massive amounts of money printed with red ink into the economy to create an image that the economy is doing good, when it is not.
The Bank of Japan’s policies can’t sustain the rally indefinitely, and Japanese companies will have to start reporting better earnings to bolster investment confidence.

U.S.: The Federal Reserve released minutes from its latest policy meeting revealing that some members of the monetary policy committee were looking to taper off the ‘Quantitative Easing’ bond-buying program as early as June. That is bad news for investors who have been energized by the Fed’s $85 billion of phony red money being pumped into the American economy each month to make it look like the economy is healthy, when it really is not.

China: Weak economic data. The latest numbers from China showed the country’s manufacturing sector contracted in May, contrary to expectations for expansion, reinforcing concerns about slowing growth in the world’s second biggest economy. This is a reality that is beginning to come to light because America, Europe and most of the world have economies that are actually in decline once we strip away the façade of programs like ‘Abenomics’ and ‘Quantitative Easing’.

World Stock Market gains in past 12 months
Japan: 69% (after todays huge loss)
Eurozone: 33%
England: 27%
Australia: 23%
Hong Kong: 21%
U.S.: 18%
Canada: 10%.
Mexico: 8%
Brazil: 3%
China: – 4%

Captain Ricks Analysis: Which markets are likely to go up … or down?
The stock markets in the countries at the bottom of the list (less than 15% gain) are on the strongest footing and are more likely to go up than down.
The stock markets in the countries at the top of the list (more than 40% gain) are significantly over invested with highly inflated values and face significant potential for decline.
The stock markets in the countries in the middle (15% – 40% gain) are in uncertain territory with over investment and inflated values, especially those in the upper half of this range. These markets are more likely to decline than rise, especially those in the upper half of this range.

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Associated ATRIDIM NEWS JOURNAL Report Categories:

Japan: https://atridim.wordpress.com/category/japan/

China: https://atridim.wordpress.com/category/china/

Stock & Bond Market: https://atridim.wordpress.com/category/stock-bond-market/

Fiscal Cliff 101: https://atridim.wordpress.com/category/fiscal-cliff-course-101/

U.S Debt Crisis: https://atridim.wordpress.com/category/u-s-debt-crisis/

European Debt Crisis: https://atridim.wordpress.com/category/european-debt-crisis/

All Reports: https://atridim.wordpress.com/

Captain Rick: I received an email today from my friend Ken in California. He said “Arizona is a pink state. You really need to get busy and turn it red. It’s hopeless for me here in California. I gotta get out of this liberal mess.”

Ken, thanks for your email. I hope you will become brave, like me, and post your future replies on my blog so that the entire world can enjoy your important perspective. I will give you a helping hand for your email today.

When I moved to Arizona in 1996, it was one of the most conservative ‘RED’ states there was in the entire country. During the nearly two decades since, many thousands of illegal aliens crossed our very porous border with Mexico…a border that the U.S. government poorly defends.  I do not blame them for wanting to come to a our great state of Arizona, in comparison to the poor economic conditions in their home countries. But the fact is that most of them came to Arizona illegally. America’s laws…or lack of them, allow them to vote. Over the years the Latino vote in Arizona has exploded. Latinos historically vote liberal “BLUE” because it is laden with lots of freebies like health, education and welfare at the expense America’s major tax payers…the middle class. President Obama has recently proclaimed that many children of illegals that were brought to this country at a young age will receive what I call ‘amnesty’. This political move has placed the Latino vote on fire and could become a leading factor in the decision for our next president. It is no secret that Obama is courting the Latino vote. Lets not forget Obama’s massive DOJ attack on Arizona’s SB1070 illegal immigration law.

So it is…Arizona fades from bright RED to PINK. The Latino vote in America will soon turn many of the “RED” states to “PINK” or even “BLUE” in the coming years. Our country is changing as a result of neglegence of those we elect to serve the best interest of America. Tonight’s prime time presidential debate could set the election and America’s course for the next four years.  I have never missed a presidential debate during my entire life of many decades. I urge all to watch and respond with your comments of which candidate you think did a good or bad job of presentation on a subject. 

Mexican President Felipe Calderon admitted drug violence was worsening in Mexico but said the cartels had been weakened by the toppling of several major drug bosses, in his annual address Thursday.

“It’s an ever more bloody war between organized crime groups fighting for territory, markets and routes,” a defiant Calderon told hundreds of top officials and politicians at Mexico City’s National Palace.
The Mexican leader is under increasing fire for his military crackdown on organized crime launched in 2006, which has been accompanied by an eruption of violence including the recent massacre of 72 migrants by a suspected drug gang in northeastern Mexico.

The annual state of the nation report said authorities had made 34,515 drug-related arrests in the past year and confiscated more than 34,000 weapons, more than 72 million dollars and 133 million pesos (10.2 million dollars) in cash.

They seized the equivalent of 2.5 billion dollars in drugs, said the report published late Wednesday.

Drug violence — including beheadings, hangings and shootings — has meanwhile expanded to more of the country, including several car bombs for the first time this year. More than 28,000 people have died in drug-related attacks since 2006, according to official figures.

Calderon highlighted efforts to root out corruption and modernize police, after the firings this year of some 3,200 federal officers for poor performance.

Story: http://www.google.com/hostednews/afp/article/ALeqM5j4pAcCfPDFdIwlYrc6ABMh5Ctvrg