This might sound like a crazy idea and it would put us in danger BUT

[Nikepallas]

What if other countries finally tell us We will not let you borrow anymore money. YES I KNOW our taxes will go thru the roof and then some BUT I am hoping that if that happen maybe some of the decent Republicians (please don't laugh their must be a couple) will open their eyes and see what this Administration is doing and speak out against it.



YOU MAY NOW RIP INTO ME!!!!

[Vincardog]

1. What if the rest of the world went on a BOYCOT uf ALL US Goods and service

What if they woulld not buy any COKE, PEPSI, MCSHIT?

[noamnety]

7. That's happening now

"Sporadic and spontaneous boycotts, local in form, have been taking place in cities throughout the globe. National Public Radio (U.S.) reports that thousands of Europeans, repulsed by the election of Bush, are refusing to buy American goods. One placard in a Paris window says: "Promote peace. Don't buy American." According to Pulitzer Prize-winning journalist Seymour Hersh, Europe is simmering. "You're going to see American profits disappear. American corporations are going to be in big trouble. It's going to be a mantra not to buy American. All our major manufacturers are reporting major slowdowns in Europe. You're going to see the dollar disappear."

The boycott is spreading. Greenpeace is already involved in a boycott against Exxon-Esso and Mobil Oil. Fermiamo La Guerre, a coalition of peace groups in Italy, called for a boycott of Esso when the U.S. invasion commenced. Sales of Pepsi and Coca Cola have plummeted in the Mideast during the occupation, and Islamic nations are creating alternative cola drinks called Zam Zam and Mecca Cola. Iran banned ads for U.S.-manufactured goods. South African protesters in Cape Town demanded that Denel, a South African contractor, cancel all its contracts to supply military components to the U.S. war machine. The people of South Africa are well aware of the power of boycotts. As South Africa Indymedia put it: We must "take aim at the only thing that can bring Bush to his knees—the American economy."

In the capital of Pakistan, the bustling Jehangir restaurant has taken U.S. soft drinks off the menu. "We only serve Pakistani drinks," one waiter said in an interview with Inter Press Service. "We don't serve Pepsi or Coca-Cola or any other American soft drinks anymore." Fast-food chains—Pizza Hut and Kentucky Fried Chicken—are under a boycott in Pakistan. As one member of the Islamist Party said: "We must stop buying anything American or British. We must hurt American interests as much as possible."

http://www.commondreams.org/views04/1118-24.htm

[flyingfysh]

2. it's already starting to happen

Normally, at Treasury bond auctions, both foreigners and Wall Street people show up. Selling these bonds is how the US borrows money.

At the most recent Treasury auction, NO foreign buyers showed up. So the Wall Street people had to buy them all.

[Heath.Hunnicutt]

4. I thought it was less extreme than that...

That merely China and Japan did not show up to fulfill their 'allotment.'

[willysnout]

8. Got a link?

[flyingfysh]

12. here's a link

http://story.news.yahoo.com/news?tmpl=story&cid=2026&e=6&u=/latimests/dollarsdeclineisreverberating

[willysnout]

3. Suggestion: Learn Some Finance

... and then come back here and we can have an intelligent conversation about the issue.

[knowbody0]

5. i see pot holes everywhere

i think we should apply enmass for ssi

[dweller]

6. yeah, learn some readin...rightin....stuff.

http://www.csmonitor.com/2004/1119/p04s01-woam.html


dp

[Liberal Christian]

9. Worse scenario

What if they called in their loans?

[Festivito]

10. The dollar sinks like a rock, opps, already sinking!!!

We can still borrow, just at a higher cost, higher interest rate. Opps, they're up also. Has anyone noticed the lack of Alan Greenspan's once ubiquitous prose?

The need for denuding our forests and depleting our oil supply becomes more and more vocal.

Inflation returns. Preceded by increases in oil prices filtering into every delivered purchase. Although OPEC might deem not raising the dollar value too much beneficial to themselves -- for a while.

After losing Vietnam, Korea, Somalia, et. al. we have lost one-worker families, pampered women (who should be able to have an equal paying job if they want one), un-corporate news and ballparks and whatever else where we constantly remain inundated with logos. There is more we can lose.

Look for more logos. Look for higher taxes for things that won't be called taxing such as health care not being tax free (something I am FOR). Perhaps children will have to work next. There will be more disposable peoples. And, don't quantify the risk assessment for your future -- you don't want to know.

[shraby]

11. Kinda looks like a boycott by du'ers would

be a tad effective with all the help from other countries. :evilgrin:

[Beacho]

13. Don't need a hundred percent

to make it work