The United States is currently ranked in the bottom ten nations by export value. While the US imports tend to be high, it can be criticized as exporting poorly – in this instance tying in rank with Greece.
Most nations report their imports using the cost-insurance-freight (c.i.f.) valuation basis and exports on the free-on-board (f.o.b.) basis.
F.O.B. numbers can vary greatly depending on a nation’s location, size, and proximity to its neighbors. As the dollar declines in value it tends to get more expensive to import foreign goods while exports tend to increase because the cost of US goods drops.
19.Jan.10 
Upside Down 
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Wise preparation for inflation is a necessity in many nations if one wants to save for retirement. Generally, a fixed rate mortgage, owning gold, or holding property can be a good method of hedging against future inflation. The US currently has inflation under 3%, which is significantly lower than many other nations.
15.Jan.10 Financial Planning Comments (0)
MoneyDesktop’s President was recently interviewed by radio talk show ConnectingWomen. The full interview may be listened to here.
With 43% of American families spending more in a year than they earn, consumers now owe approximately $2 trillion (not including mortgage debt). MoneyDesktop is dedicated to providing a software solution to American’s debt. For less than $20 a month, a family can save thousands of dollars a year using our product.
photo credit: AMagill
07.Jan.10 Uncategorized Comments (0)
