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To: broadstbull who wrote (375122)9/28/2008 10:15:56 PM
From: Cynic 2005  Respond to of 436258
 
Communist China exported lead poisoned toys to the US of A.
~Short-term consequences - nil or minor
~Long term consequences - unknown, but expected to be not that severe.

Capitalist US produced and exported toxic mortgages and derivatives to the world. Here are the worldwide consequences:

~Short-term:
  bank failures, 
capital destruction
job loss
lowered standard of living
vanishing retirement savings
future generations robbed

~Long-term
  future generations robbed, especially in US