Thursday, May 10, 2007

Making Lemons into Lemonade


Trade with China : 2007 NOTE: All figures are in millions of U.S. dollars.
Exports 5,479.4
Imports 22,725.4
Balance -17,246.1
March 2007
Total for the first three months of this year is -56,950.8
SOURCE: U.S. Census Bureau, Foreign Trade Division, Data Dissemination Branch, Washington, D.C. 20233
Scary figures, but there is an interesting development out of this disparity that affects real estate and affordable housing. So many storage containers had been shipping back to China empty, that proponents of affordable housing came up with the idea to use this material for building material...eliminates waste, helps the environment, and helps more people to have homes.

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