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Strategies & Market Trends : The coming US dollar crisis
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To: Amelia Carhartt who wrote (12148)10/1/2008 5:37:07 PM
From: Killswitch1 Recommendation  Read Replies (2) of 71475
 
The Japanese do care what happens here. Last month they had a current account deficit for the first time in many many years due to dramatically falling exports. If we start hurting more and stop buying their exports they are going to feel the pain too.

edit: And by the way, this is the reason that all countries supplying our imports (China, Japan, etc.) will do all they can reasonably do to prop up the USA currency and bonds. They will do this for waaay longer than you might expect.
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