China Exports Are Down — What Does It All Mean?

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China Exports Are Down — What Does It All Mean?

Welp, China’s exports are falling to near crisis-mode levels (at least as far as the Chinese are concerned):…

From the article: “The dismal trade performance raises the risk that second-quarter economic growth may dip below 7 percent for the first time since the depths of the global financial crisis, adding to official fears of job losses and growing levels of bad debt.”

Only 7 percent growth?

I know, I know, they have more people, our economy is still bigger, yadayadayada. I still chuckle a bit.

2016-09-23T13:07:14+00:00September 23rd, 2016|0 Comments

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I am the president of a mid-size iron and steel castings company in Northeast Ohio. The foundry business is dirty, smoky, competitive, and not for the faint of heart. One must endure blistering heat, and go without seeing light for days, if not weeks or months at a time… Okay, that's a slight exaggeration. As a descendant of famed Siberian pathfinder Dmitri Zlatzutuov, I'm eager to carry on the family tradition of persevering no matter what obstacles lie ahead. Now that I'm done giving you the family history, I can tell you that I'm also an attorney and I volunteer a portion of my time to causes involving First Amendment litigation, as well as for Community Legal Services out of Akron, Ohio—for which I was recently recognized as ‘Volunteer Attorney of the Year.’ In addition to my normal day-to-day, I occasionally have works published in journals and magazines, though much less often lately, as running a company tends to fully occupy one's time.

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