[Paperdoll]

Hate to tell ya, but it was bound to happen. Going off the gold standard was just the beginning. It just took longer than expected. The banks will grow flusher with all the coming foreclosures? Just wait until China and Japan pull the rug out from under us!

[Arkinsaw]

Just wait until China and Japan pull the rug out from under us!

If they pull the rug out from under us, they won't be able to sell here. Not good for them. If the dollar falls more, then the cheap labor gap grows...so much for outsourcing. What tourist will want to go to Europe and spend with a devalued dollar? We lose cheap imports, but perhaps our manufacturing sector will once again be competitive. Is it all really gloom and doom?

[Bald Eagle777]

Since Chinese subs have some sneaky habits of late, the Japanese are paying much closer attention to the China threat. Anyone who helps us track ChiCom subs is a friendly. I wouldn't write Japan off.

[JoeV1]

Hate to tell ya, but it was bound to happen. Going off the gold standard was just the beginning. It just took longer than expected. The banks will grow flusher with all the coming foreclosures? Just wait until China and Japan pull the rug out from under us!p

So you believe Japan and China will sell the billions and billions of dollars they are holding, at a loss to them, and by doing so cause the dollar to collapse and bring on a world wide recession? You believe they would knowingly trash their own economies (The result of their 'bailing out of the dollar)and you believe the reason they would do this is....?