Former Federal Reserve Chairman Ben Bernanke criticized Germany last Friday for not working to reduce its trade surplus, which could be hurting its neighbors,. Direction will be quantified by Donald Trump to defer this German surplus at the same token, if we remain hopeful, the isolationists, Donald Trump, will come to his wits, and pass the TPP, the Transpacific partnership. This would allow for the USA to fix the china trade surplus problem, a stiff blockade of exports from the Chinese into the U.S. is in the cards.

Former Federal Reserve Chairman Ben  Bernanke criticized Germany last Friday for not working to reduce its trade surplus, which could be hurting its neighbors,.                                                                (THe U.s. Breaking up with China over Taiwan!

Direction will be quantified by Donald Trump to defer this German surplus at the same token, if we remain hopeful, the isolationists,  Donald  Trump, will come to his wits,  and pass the TPP, the Transpacific   partnership.                                   (NWO The Japanese-US- Taiwan Alliance )

                                                               This would allow for the USA to fix the china trade surplus problem, a stiff blockade of exports from the Chinese into the U.S. is in the cards.  

Very simply by no longer having our merchants put in their purchase orders  to the Chinese cheap goods, we aim to shift our  cards by doubling down on this one.  For the Trump stump slump stall on  the mega trade deal between the US and the South Asian - states is a hexagonal shift benefiting both parties , i.e. the US. and the Asian States.  So  simply by signing the TPP,  the US will no longer need china to manufacture their goods and services.  This New World Order continuity pact between the US and the ASian states minus the Bear China, with strengthening trade ties  Between the U.s  and  Vietnam and Taiwan and other neighboring asian states minus china of course, allows the US to  thus deliver the deathblow to the Chinese , halting imports of their cheap shit. THE U.s looks to Ben Bernanke  for Guidance  to strengthen trade agreements and provide balance to the Order! If China looks to peg oil imports with worthless over printed Yuan , subjecting to defer from the Petro, inconsequently  only seems quite per plexing because merchants whom export oil to the chinese only want to be paid In U.s. dollar , not worthless Yuan.  Perhaps china will rethink their dragonimics before their is an oil shortage in china , since all merchants will halt exports until they are provided either US Dollar or Gold.

Former Federal Reserve Chairman Bernanke criticized Germany last Friday for not working to reduce its trade surplus, which could be hurting its neighbors, he said. Ahead of the spring’s international economic G-20 summit, Bernanke laid down recommendations for what Germany could do on its part to alleviate deep recession in the eurozone.

Last year, Germany’s trade surplus was about $250 billion, almost 7 percent of the country’s gross domestic product, the measure of goods and services produced, said Bernanke, citing the Deutsche Bundesbank.

According to Bernanke, there are three main reasons why Germany has such a large trade surplus, that has even exceeded China’s.

Sure, Germany produces high quality goods, with a lot of demand, but the main explanation for the surplus is that the euro is weak. The currency Germany shares with 18 other countries is too weak to be consistent with German trade.

Last July, the International Monetary Fund (IMF) estimated that Germany’s inflation-adjusted exchange rate was undervalued by 5 to 15 percent. And the euro has only grown weaker since.

“The comparatively weak euro is an underappreciated benefit to Germany of its participation in the currency union,” wrote Bernanke.

A third reason for the surplus is that Germany’s tight fiscal policy keeps domestic spending, including spending on imports, reined in.

What is often seen as a sign of a strong economy is criticized by Bernanke as a problem, since other members of the eurozone are in deep recession. Bernanke argued that Germany’s trade surplus is actually hurting its neighbors who are battling high unemployment and are in perilous fiscal situations where they cannot raise spending or cut taxes to stimulate domestic demand.

Imbalances in the eurozone are unhealthy, said Bernanke, as they lead to financial imbalances and unbalanced growth.

He recommended three solutions for Germany. First, invest more in public infrastructure to reduce the trade surplus by increasing domestic income and spending while also raising wages and employment. Secondly, raise the wages of German workers to increase domestic income and consumption and reduce the surplus. Third, Bernanke recommended targeted reforms such as tax incentives for private domestic investment and removing barriers to new housing construction.

Germany should also support the European Central Bank’s efforts to hit its inflation target through its recently started quantitative easing program, said Bernanke. 

“It’s true that easier monetary policy will weaken the euro, which by itself would tend to increase rather than reduce Germany’s trade surplus,” he allowed. Still, the more accommodative monetary policy would also cause inflation to rise throughout the eurozone, making it easier to restore competitiveness, and increase economic activity throughout the eurozone, including Germany.