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<p>[QUOTE=&quot;doug444, post: 1644211, member: 38849&quot;]Foreign corporations facing their trading partners&#039; devaluations will see their sales fall drastically.&nbsp; If a Chinese umbrella costs $6 today, no American is going to pay $12-15-18 for one.&nbsp; Every foreign country is subject to this currency malaise, and everyone&#039;s exports will suffer, one way or another.</p><p><br /></p><p>U.S. automakers&#039; stocks may surge, as even a 10% hit on the dollar will price imported cars out of the comfort range of consumers.&nbsp; My guess is that most of our trading partners are now technically bankrupt, just like we are.&nbsp; China may be solvent, although we will never know the true numbers because everybody&#039;s cooking the books.&nbsp; That won&#039;t help them if they don&#039;t have customers to maintain that huge trade surplus.[/QUOTE]</p><p><br /></p>

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