International Trade Slows Precipitously

[wanderingbhikkh]

http://www.nakedcapitalism.com/2008/10/international-trade-seizing-up-due-to.html

Someone explain to me why this is not going to result in bread lines and food riots.

Comments

[silveradept]

In theory, because everyone will find who their counterparts do trust and obtain their letters of credit from them, in a hurry.

In practice, any more than usual, you mean?

[mnemonicer]

My unemployed ass will be at the head of the line. *sigh*

[wanderingbhikkh]

Second in line after MY unemployed ass. I'm sure you could set up an informal practice in giving advice about who, exactly, is responsible for the bread line. My degree's in international studies and foreign languages.

[mnemonicer]

Awesome, I'm bringing you on board when I start running all of the US-China IP relations.