2011 brought wrenching change to the U.S. market. From June through December unit imports declined every single month, as retailers drastically reduced inventories.
|U.S. Imports All Garments Monthly Data 2011 vs 2010
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Imagine you are a senior Chinese official; a member of the Politburo responsible for among other things, international finance.
The EU has come calling, begging bowl in hand, to persuade you to lend them money to keep the EURO afloat. … Read More
Last week, after 30 hours of deliberation, the political leaders of 26 of the 27 EU member countries voted for recession. In the end they decided to sacrifice the short term well being of their citizens, in the expectation that … Read More
Western political leaders have recently woken up to the possibility that some time during the next 20 years, China may become the world’s leading economic power. Many in the United States and Europe are frightened. They see this as catastrophic … Read More