Plus, how long do you think it would take WalMart and all the other companies that do Chinese business to find new suppliers in other parts of the world? Within six months, that 20% would be permananently unemployed as replacement factories kick in South Asia, Africa, Indonesia and tons of other places. How do you think they'll think about their masters then? Besides the economic loss from China would be balanced to some extent by lower gas prices as Chinese demand collapsed.
Interesting... I guess they still scare me the most, as there are so many of them and they are communist. The majority of them live in poverty, don't they? Sure, we see the big cities and all that, but most of the place is 3rd. world, maybe getting to 2nd world, so to speak.