[rb22982]

Asia is collapsing. Singapore, S. Korea, Japan, and now China (-17.5% export/ -43% imports) are free falling. The first 3 are going to have double digit gdp drops and China will go negative in short order. All of the export economies are getting destroyed.

[wmfights]

Asia is collapsing. Singapore, S. Korea, Japan, and now China (-17.5% export/ -43% imports) are free falling. The first 3 are going to have double digit gdp drops and China will go negative in short order.

If these countries don't have growth they will be confronted with hard choices about whether to buy Treasuries or not. If they don't buy them we slide further and they lose us as an export customer. If they keep buying them it's less money to invest in their citizens and the possibility of explosive disapproval from citizens exists (especially China).

[cookcounty]

"Asia is collapsing."

So who's left to buy the $9 trillion in treasury bills? Frankly, Im getting pretty nervous, especially with the ignorant poseur in Washington who has no clue and is clearly panicked.