meo monday, page-32

not necessarily - most of your parts and products are purchased from out of country anyway.

Australia sells raw materials i.e. iron, coal, gas etc etc to china... china makes the goods for US companies, US companies sell the products... 70% of US GDP is consumption

the US has a downturn so it stops buying from China... who stop buying from us etc etc etc

the problem is super/hyper inflation in the US screws with the whole system - if foreign exporters prices are high (because of the low USD) they will not be able to sell to the largest consuming nation in the world... so that will force them to either drop their price, find somewhere else to sell or go broke... assuming USD is standard

therefore stimulus in the US FORCES stimulus in other countries... because of the USD