Quote:
| Originally Posted by Kevin All the Hummer & Escalade drivers?  |
Ha!
No, on a serious note, as the U.S. consumer takes it in the shorts (and not too far behind, Europe as well), where do the Chinese send their exports to?
Call me crazy, but I wonder if there are similarities here to 1997 and the Asian currency crisis...not the same cause, since China's currency reserves are huge this time, but look what happened to the price of oil amid the economic slowdown in the region at the time.
I just find it difficult to imagine the strains on many countries' economies continuing/worsening without something going *pop*.