If you think the American and Chinese economies don't necessarily rise and fall together, or the European and world economies, you will have a rare opportunity: your theory is about to be tested In Real World Conditions. China: headed off the cliff, just in time for the Presidential elections. Europe: Bailout deal 100% ready to rock except for the fundamental portion of the deal is unresolved.
If you think the USA's economies can survive China, Australia, Greece, Portugal, Italy, and Spain all crashing at once while France and England are faltering, I can hope with you . . . . but I expect my long-awaited double-dip is going to be nasty. Here's hoping the global food supply holds out. You can't eat a CDS certificate.
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