Clearly, there has been an increase in frequency and severity of disasters in America over the last few years. When you consider that the U.S.A. fulfills the other signs of judgment, as well, there is no question in this author's mind that the United States is in for a rough ride. There has been a decline in exports and in the overall quality of the finished products. The United States is no longer a leader in export. We have become a consumer nation.
Imports far exceed exports.
The quality of foreign goods, in general, is superior to ours. We have all been sensitized to the trading problems with Japan, but with the new trading consortium in the Far East and Europe, we haven't seen anything yet. Japan has withdrawn from our economy and is beginning to invest in China. With China's abundant natural resources and Japan's capital, there will be an economic boom the likes of which the world has never seen. The U.S. is headed for major problems in the global markets.