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Exports dive 32.8%, the biggest drop since 1980

 
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Troll_Bait



Joined: 04 Jan 2006
Location: [T]eaching experience doesn't matter much. -Lee Young-chan (pictured)

PostPosted: Mon Feb 02, 2009 3:58 pm    Post subject: Exports dive 32.8%, the biggest drop since 1980 Reply with quote

http://joongangdaily.joins.com/article/view.asp?aid=2900540
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Guri Guy



Joined: 07 Sep 2003
Location: Bamboo Island

PostPosted: Mon Feb 02, 2009 6:30 pm    Post subject: Reply with quote

The one trick pony is in serious trouble.
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sobriquet



Joined: 16 Feb 2007
Location: Nakatomi Plaza

PostPosted: Mon Feb 02, 2009 6:32 pm    Post subject: Reply with quote

Is it difficult to copy and paste the articles?
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T-J



Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae

PostPosted: Mon Feb 02, 2009 6:41 pm    Post subject: Reply with quote

Guri Guy wrote:
The one trick pony is in serious trouble.


Which country are you talking about?

The one that is 60% manufacturing and export driven?

Or the one that is 60% service and foreign debt driven?

Both are in trouble right now. Given the choice, I think I would rather have the option of finding new buyers for the goods I produce than be at the mercy of the few countries that will buy bonds to finance my debt addiction.
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NoExplode



Joined: 15 Oct 2008

PostPosted: Tue Feb 03, 2009 2:55 am    Post subject: Reply with quote

sobriquet wrote:
Is it difficult to copy and paste the articles?


On 99% of message boards, it is against TOS to do so--it's copyright infringement. Usually you can post less than a paragraph. But as we are in copyright-plagiarism heaven, maybe no one cares.

Is it really that difficult to click once?
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Cheonmunka



Joined: 04 Jun 2004

PostPosted: Tue Feb 03, 2009 3:25 am    Post subject: Reply with quote

Interesting reply TJ. Which indeed would be better?
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T-J



Joined: 10 Oct 2008
Location: Seoul EunpyungGu Yeonsinnae

PostPosted: Fri Feb 06, 2009 6:38 pm    Post subject: Reply with quote

Cheonmunka wrote:
Interesting reply TJ. Which indeed would be better?


Time will tell.
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visitorq



Joined: 11 Jan 2008

PostPosted: Fri Feb 06, 2009 11:10 pm    Post subject: Reply with quote

T-J wrote:
Guri Guy wrote:
The one trick pony is in serious trouble.


Which country are you talking about?

The one that is 60% manufacturing and export driven?

Or the one that is 60% service and foreign debt driven?

Both are in trouble right now. Given the choice, I think I would rather have the option of finding new buyers for the goods I produce than be at the mercy of the few countries that will buy bonds to finance my debt addiction.

The US is not at anyone else's mercy really. Countries like Korea need us to buy their junk to stay alive, they need us more than we need them. The fact that Korea is a far more protectionist country than the US is ample proof of this (and part of the reason US manufacturing firms are in the trouble they're in to begin with).
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Ya-ta Boy



Joined: 16 Jan 2003
Location: Established in 1994

PostPosted: Fri Feb 06, 2009 11:37 pm    Post subject: Reply with quote

Labour Force Survey January 2009

Employment fell by 129,000 in January (-0.8%), almost all in full time, pushing the unemployment rate up 0.6 percentage points to 7.2%. This drop in employment exceeds any monthly decline during the previous economic downturns of the 1980s and 1990s.

The loss in January follows other declines in recent months. Since October, employment has fallen by 213,000 (-1.2%), the result of full-time losses...

Canada's three largest provinces accounted for the entire employment decrease in January. While just over half of employment losses were in Ontario (-71,000), there were also large declines in both British Columbia (-35,000) and Quebec (-26,000). Employment was little changed in all other provinces.

http://www.statcan.gc.ca/daily-quotidien/090206/dq090206a-eng.htm

Employment fell mostly among core-age adults, 25 to 54 years, as well as among youths aged 15 to 24.
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