Y'know, I really really *don't* want to find out by trying it... if you're
smart, you wouldn't either...



NOYB wrote:
Of course I don't want to find out by trying it.

Good. Let's both hope that the loudest voices in the Bush/Cheney cabinet
are at least as smart as you are...

... But it's important to
debate the hypotheticals.

If you don't have your head stuck way way deep in the sand, sure.

... And my best guess is that we'd have a recession
that would compare to the Carter years...and China would have a depression
that would dwarf even our Great Depression.


I think you've got it backwards. If our currency crashed, we'd be in the
same shape as the Weimar Republic (look it up)... maybe worse.

BTW take a look at some of the percentages here
http://en.ce.cn/Markets/Currencies/2..._2411132.shtml

This is the drop in the dollar caused merely by the slowing down of the
rate at which the Chinese are buying up our debt, not even selling off
any. BTW this article mentions the increase in Chinese cash holdings as
over $500 billion, what percent of our GDP does that represent hmm? A
bit more than 3% nyet?


BTW here's an interesting little bid'ness article
http://www.morganstanley.com/GEFdata...i.html#anchor3

Get the facts, NOBBY, get the facts. Attempts at logic based on wishful
thinking will not get you very far in the real world, although it may
make you a hero among the Bush/Cheney cheerleaders.

DSK