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Strategies & Market Trends : The Residential Real Estate Post-Crash Index-Moderated
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To: bentway who wrote (18447)4/24/2011 6:34:46 PM
From: neolib  Read Replies (1) of 119361
 
It would be one way for China to fight and win a war with the USA in one fell swoop: Just be prepared to blow away $1T of "wealth". But hey, we've wasted that much in the ME for no good, and had 5K of our troops killed in the process.

Problem is, China better not do it before they've figured out where they can export nearly $400B to as a replacement for the lost customers of WalMart.

I see China is running about $150B/month in exports, so the USA is about 2.7 months worth or 22%. At 10% growth/year, that would only be two years worth of growth lost to blow away all trade with the USA, and even with an imploding $, its trade is not likely to go to zero.
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