[turbo6bar]

Look at Wal-Mart sales reports. They are not selling the consumer goods as much as necessities. Who hurts when DVD player sales are down? It is not that we choose NOT to buy Chinese goods, it is that we choose to NOT buy period. Along with a weak economy, we will likely see some form of real estate correction. Who buys those mortgage-backed securities? The Chinese only recently stopped the inflow of funds into MBS, but if the RE market sees an increase in defaults, the fallout could hurt overseas investors.

Again, I think high oil prices places the US economy at risk. If the US economy is at risk, the world economy is at risk.

Don't listen to the peon. Look at the equity markets. Any news is a good reason to sell. That isn't a good sign of stability and growth. Also, check out recent news from Best Buy.

Call me a pessimist, but I don't think things are looking good for the US economy. I cannot see how this is good for the Chinese economy.