It's kind of freaky how interconnected the world really is.
Take the dollar (who wants it?). Some people think that a weak dollar is good, but they don't consider the long-term effects it will have on the global market, in which the US is the global backbone.
And then consider rice.
A staple food that a significant portion of the world relies on, and which seems to be produced on a massive scale only in third-world countries.
And as those third-world countries stop/slow their rice exports, and with what appears to be the threat of an impending world famine, suddenly there is a run on rice all over the world, with stores limiting purchases, and prices going up easily 50%.
What would happen if the Chinese stopped exporting Chatchkas and fake watches?
I think the world's economy would simply collapse.
Wherever I am, my blog turns towards Eretz Yisrael טובה הארץ מאד מאד