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Originally Posted by pocketkangaroo
Could your business survive without US traffic?
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I don't rely on US traffic for survival - never have.
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Originally Posted by pocketkangaroo
What we offer the world is business and money. The US plays a large role in many economies throughout the world including China, India, and many Latin American countries. We play a large role in the economies of the Middle East as well as we consume so much oil.
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Basically yes, - as a consumer with an increasing volume of new credit cards and constant string of loans from other nations to afford the level of consumption. China alone has more control over US dollars than any other country and are considering dumping some of this - not a good thing for exchange rate/dollars values. The Central Bank of China is still lending the US between $2 and $4 billion daily - and that's only between 20%-25% of daily international borrowings.
The Middle East has no problem selling oil - believe me
They don't need the help of the US. The less the US consumes oil - the better off the US will be both economically and environmentally.
Bottom line - it's totally unsustainable.
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Originally Posted by pocketkangaroo
To say the US offers nothing and the world would be fine if it collapsed tomorrow is just wrong.
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Sure, there would be a major ripple effect with any nation which has part of their dealings/trading with the US - survival is a totally different story tho.