10-20-2010, 03:18 AM
If you think that's bad- wait until the OPEC, China, and other nations dumps the dollar. Ever seen 20 dollar per gallon gas? Movement of freight would stop immediately- as the cost effectiveness of moving goods via rail or road would be many times the profit of moving them. Distribution centers typically hold enough goods for roughly a week (assuming they can deliver). Grocery stores for a day or so at the maximum.
If you ever hear that freight stops moving, you can expect food riots within a few days. I'm not sure how similar it would be in Japan, but most westernized countries I would assume it would be this way. Worse- it would be a chain reaction. When this happened to Iceland, world stock markets suffered. If this happened with an economy the size of the US- world economic implosion. Google Gerald Celente at the Trends Research Institute if you have the mind for it. His predictions have been right on so far.
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